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Hi BP,I have been working for the past 2 months now to find a commercial lender to refinance rental properties that I own outright in an LLC and have been unsuccessful. I recently put an application in with a mortgage...
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Greetings everyone,
I've recently been presented with a job opportunity as a Mortgage Loan Originator, but as I delved into the industry, I stumbled upon a rather unconventional niche: becoming a Hard Money Broker.
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Hi Guys,I am 72 hours away from closing on a home, and my mortgage company is demanding a "comfort letter" attesting to my self-employment. The CPA who filed my taxes won't touch this and they just rejected another CP...
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I've been watching the webinars, BiggerPockets YouTube videos, taking notes, etc. The advice is always:
1. Leads2. Analyze
3. Pursue
4. Success
Find deals, analyze them, make enough offers and eventually yo...
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I was sold a Hard Money Lending package a little over a year ago. There initial contact with me explained how the company makes loan to real estate investors. I explained to the sales agent that I was new to this busi...
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Just received this from a mortgage broker I found on Zillow “Unfortunately since you already owned a 2 family. Buying another multi will not work. You will need to have a valid reason why you are moving from a 2-famil...
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In short, say I have 100K and I want to secure 3 properties leveraged at 75% at 100K each, so I need 75K of my money to finance the deals. Are banks REO asset managers turned off by this, or do they see Hard Money as...
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Sorry for the long story but want to make sure to paint this picture somewhat clearly.I am the buyer in this transaction. I have contacted home owner in default and worked with them for months to purchase their home. ...
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Hi, I'm somewhat new to this forum and this is my first post. I'm new to the world of real estate, but I've learned a great deal of information in the past 2-3 months, mainly through my attempts at finding a house to ...
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Hello BP forum, I've been an entrepreneur for quite some years now without a job that has backed me allowing to get traditional funding. I'm looking to expand my investment reach into other cities like KS City (specif...