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Selling a property and went under contract in early July scheduled to close in two weeks.So far all contingencies have been met and suddenly the buyer wants to sign an addendum for a name change from "John Doe" to "wh...
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hello everyone from BP.i am about to fill out my mortgage application for a multi family rental property. credit is tier 1 my co applicant's credit is tier 1. between the both of us we have 25% or more for a down paym...
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I just finished reading "The book on Managing Rental Properties" by @Brandon Turnerand i have some questions. Its a great book and I learned a lot from it but some questions were left unanswered. Mostly about qualific...
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What type of response times is everyone getting when placing an offer on a short sale?
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I wanted to post my positive experience that with Cogo Capital.my loan I was looking for was new construction loan (aka ground up project) since I am licensed general contractor it sometime very trying builder spec pr...
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I was going to combine several loans through one mortgage refinance on the current house I reside in. I was going to get the financing from my uncle as it would save me many costs. But he just told me that he found ...
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Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
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Hi everyone hope all is well, Hypothetical : I received an application from a person that admitted breaking an apartment lease 6 years ago, but since the application doesn't say "no broken leases" on it, he wants his ...
There have been several threads here on BP lately about the legality issues when seller financing to consumers. New, apparently stricter federal regs are in place to start 1/2014.
I've posted before that I've been...
As I read the older posts there were 2 or 3 types of seller financing mentioned. I'm interested to know about the different types of seller financing. Thanks.