Jerry Kisasonak
Originating a note on a free-and-clear property and selling that note
I recently heard an investor very briefly talk about the strategy of creating a note on a free and clear property and selling that note. I have free and clear properties and wondered if I could originate a note and se...
Shari Peterson
Need Real Estate or Mortgage Broker in CA to serve as Loan Originator
I provide Transactional Funding and would like to fund deals in CA. My understanding is that in order to comply with usury laws, any loan that is secured by a deed of trust must be originated by a licensed CA real est...
Brooks Gagnon
Duplex originally bought as a primary residence, and now producing great cash flow
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $133,000
Cash invested: $4,655
Up and down duplex in a quiet neighborhood. Was owner occupied for the first ...
Account Closed
Ways to prevent Builders from Coercing and Steering a Loan Originator's contracted borrowers?
Does anyone know of some ways to prevent Builders from Coercing and Steering a Loan Originator's contracted borrowers, who they've obtained a Loan Commitment for, to their "In-House" or "Preferred" lenders?
T...
Jacob P.
Originator says we aren't locked, but I just got a signed commitment letter
Hi guys!Quick, niche question on getting a conventional loan.We are getting close to closing, and have had several conversations with our loan originator to the effect that we are not locked at a rate, and we are wait...
Kim Amack
If making payments on a house and original buyer dies is house mi
If my father was buying a house and I took payments over and he dies, do I become sole owner?
Account Closed
Do I take a 4.125% for $0 origination fee or 3.875% for $3800?!!
Hey folks, I'm borrowing $380,000 for a primary residence/investment property. It is technically considered a single family but there is a 4 bed 2 bath house, a 1 bed, 1 bath apartment AND a studio garage apartment....
Brandon Heath
S-Corp for Mobile home investing? (s-corp was/is originally photography business)
Hello all!I currently have a photography business that I run as an S-corp. I recently have gotten the bright idea to attempt to invest in mobile homes here in San Diego Ca. This of course is the result of reading Rich...
Wenjun Pan
How much to tear down the original mobile home and put a new on?
Hi everyone, I'm a new bee here. Currently I want to buy the mobile home, but that one is out dated, so I am wondering what if I could tear down it, and install a new one I want? I want to find out what it cost me to ...
Patty Gonzalez
SFR that was our original home, we kept and is now a great rental
Investment Info:
Single-family residence buy & hold investment in Monterey Park.
Purchase price: $135,000
Cash invested: $40,000
Single family home purchased for low price because it was in bad s...