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Hi all,My wife and I live in the UK and we own a couple of properties in the US. Both of these properties are free and clear and are worth about $300K - $350K in total. My wife is a US citizen but I am not. I've been ...
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Good afternoon all,I am looking to start a discussion with those that either have experience dealing with mortgages or is a loan officer and would be able to assist me on a couple questions I may have in regards to ob...
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I have a buyer who has a 575 score - but the only thing holding him back is significant student loan delinquencies. From the credit report, it is not a single debt but more likely a semester at a time (CSA/USA Funds m...
I need a loan to finance a home that will cost $80-100K. I can put 20-25% down. I'm looking for a no-doc loan but don't know exactly what kind of lender and loan I should be seeking. I do not qualify for a traditi...
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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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Has anyone ever heard of the website groundfloor? I am very interested in this site. It almost sounds to good to be true type of thing. Please if anyone has any info on it please let me know.
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Hello all, I'm a new graduate and eager to begin my real estate endeavor but first I am considering how to handle my $120,000 student loan debt, which is currently financed through direct federal loans at 6.8%. I will...
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I am thinking about a big commercial purchase, however the loan will almost certainly be RECOURSE. My question is does it even really matter if I don't have very much in assets anyway? What I do have is in multimem...
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I know this is kind of an odd question, but is the LLC required to reimburse me for its start up costs (since I paid for those in my own name)?
For example, the formation company offered a discount for buying multip...
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Hey BP,
So let me give you the run down, I currently have a HELOC pulled on my primary mortgage for about 74k (total credit line of 80k) in which I used to purchase my second 4-plex 6 months ago. I close at the end ...