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I live in California and have a real estate broker license. This qualifies me to be a residential mortgage lender. Does Fannie Mae/Freddie Mac allow an RML to write loans for self/spouse? Is anybody doing this? On...
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I have been working with one guy in particular who is offering 15% down on this duplex, I want to see if anyone can offer 5% down with no PMI on this deal. The building is in the suburbs of Philadelphia and I have exc...
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I've got an existing wrap mortgage that the bank is calling due. They are deciding to exit that side of lending. Since being notified, I've talked to over a dozen local banks and they have all stated that they don't...
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I graduated college a bit over a year ago. My credit score is 800+. But my credit lines aren't enough for this lender. So they are requiring I get my dad to co-sign and since its an investment he has to be on title as...
Hello BiggerPockets community!At this point my brother and I have decided to take the next step into the fixer upper field! We found a property through a great Real Estate Agent, we have a quote from a GC but now we a...
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Hello!
I need some advice, I currently have a conventional loan for my primary residence. I am looking to buy a rental property, possibly a fixer upper. What type of financing should I go with if my credit is over 72...
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Hello everybody.I am a foreign investor looking to financing a big protfolio for a long period.All of my propeties value are around 60k-80k and the rent 1000$-1200$.I am looking to know a mortgage broker that work wit...
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From the “Banking Weekly,” a Financial Times podcast from June 2nd, non-bank lenders in the U.S., also called private money lenders, are starting to dominate the U.S. mortgage market. For the first time in history, pr...
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Hi all! I am in need of referrals for investor friendly Mortgage Lenders and Tittle companies here in the Atlanta GA area. Please advise...
Hey all! I am really interested in pursuing a Fannie Mae Homestyle renovation loan and am looking for recommendations for lenders! I am in the Boston area, and a lender that is familiar with the market would be prefer...