My husband and I live in Tennessee, and made an offer on a home for $95,000 with $5,000 down at 6.5% for 20 years with owner financing. The owner's don't owe anything on the home and bought a new home a couple of yea...

Hi All,
Question for you pros, and maybe I'm thinking too deeply on this, but does Dodd-Frank (or its attendant regulations) set any restrictions on purchasing mortgage notes, or only on loan origination?  What about...

Here's my situation. I'm seeking a mortgage on a duplex. I'm self employed. I have a seasonal lawn care business. My plan is to actually get a job in the restaurant business (for the winter and temper hours during the...

Is acquiring properties via loan assumption a rare occurrence? Are home owners more inclined to choose a different type of deal (seller financing, subject to, etc.) over a loan assumption deal? What type of homeowners...

Hi everyone.
I'm new in real state investing and I would like to know what are your thoughts about REO foreclosure and auctions and if there are some steps that would make this process easier for someone without expe...

the "secret menu" in home lending...If you didn't catch mortgage Mondays a couple weeks ago with David Greene, here's a recap!  Not all lenders are created equal. As a borrower it is really important you know what ty...

Can someone please give me a rough estimate of what interest rate I should expect to pay for a 16-unit apartment complex? I would prefer a 30 year fixed loan, but I'm not sure what is typical for commercial. I have 79...

Hi Everyone,I am currently under attorney review on my first property in Northern New Jersey. The purchase price is 270k, it's a 3 bedroom, two-unit property. with 2 bedrooms up and 1 down. Property taxes are 4,800 an...

At what point do you start qualifying for commercial loans? When you buy something more than 4 units?I ask because we have an LLC and want to transfer then from us to our LLC at closing. But then at some point with BR...

Hello,Has anyone had any experience getting a mortgage from a bank with only a 1 year work history? Would an FHA loan be easier to get with such a short work history?Thank you,Jordan