Steve P.
Bank mistakenly pays off the wrong mortgage, advice needed.
Has anyone ever refinanced and had the bank pay off the wrong mortgage?
I had two mortgages with Countryside which became Nationstar. One is a rental townhouse and the other is my personal residence. I wanted...
Holly Boss
Ready to BRRRR into my 2nd investment in Tucson; refi first?
This is probably a question to ask a lender but here it goes: I'm about to refi my investment property to buy a second investment property which also will be a BRRRR. Do you refinance and hold on to the cashout before...
Elizabeth Colegrove
Home Path Mortgage for Investors
I have seen different posters mention tidbit about this program.
That investors can use this program to have 20 loans
That they only have to put down 10%
That their is a higher interest rate than normal (...
Robert Murphy
No Money Down using Credit cards
I have come across a company that I found on graiglist called The Funding Group based out of Jacksonville Florida they help you get lines of credit using credit cards you have to have 650 credit score or better ...
Raj Khadilkar
Overseas (out of USA) investors - USA embassy notarial service??
Hey BP community,I hold a small portfolio of four properties in Memphis. I am sorting out my cash out loans on my SFR's in Memphis. Have hit a major hurdle with lender and title company with notarising the docs by the...
Sean Williams
Bungalou: 12-Unit Apartment to Luxury STR Property (Sold Aug '23 for $4.7M)
Investment Info:
Large multi-family (5+ units) buy & hold investment in Louisville.
Purchase price: $1,250,000
Cash invested: $2,100,000
Sale price: $4,773,000
After a 3 year redevelopment pr...
Adam S.
How to ensure the "corporate veil" is not pierced in a s-llc?
Hey everyone,I'm still undecided about whether or not to do an LLC for a single commercial unit I own and rent out (no loan). A family friend is an attorney (real estate isn't his primary, but he dabbles in it) recomm...
Joey Smajd
disadvantages of being a cash buyer on HUDs?
I recently spoke with my local HUD broker about a home that I would like to purchase as an O/O. It is currently listed below 50% ARV in a great neighborhood and I happen to have enough money to pay cash.
The...
Aaron Anderson
Banks refusing loan due to no Comps. Is this normal?
I have contacted 3 banks that have refused to lend on a property because there are no comparable properties in the area and if the appraiser can't appraise it correctly, they can't lend. I'm just curious if anyone ha...
Daniel H.
Mortgage Principal
Noticed that the principal portion of my mortgage payment went DOWN from Feb to Mar. Looked back over the last year and it kind of jumps around, not always continuously increasing. Called the bank, they said it was ...