I work for a mortgage company and we underwrite private notes for investors One of our programs is that we underwrite for owner occupants with iTIN numbers. Are these notes discounted more than other notes even though...
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I just listened to the latest BP Podcast (55) and I'm shocked that everyone does not go to a bank organized when applying for a mortgage. I have a few duplexes, and each time I have put together a binder with sect...
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Just starting out and have found a 2500 sq ft duplex in historic neighborhood. I can pay cash for the duplex, but needs upwards of $50k in rehab. Purchase and rehab is about $80k and should rent for 1500-1800 a mont...
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Good morning, and thanks to anyone with the patience to read and respond to my questions! I'm looking to purchase a home in Seattle and am wondering if I purchase a property, how likely or what are the possibilities t...
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I would be very new to this industry and business on real estate investing. I came to the conclusion after watching multiple online tutorials, that I would grab the equity out of my primary residence to purchase a ren...
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hey :wave: ...newbie here. maybe this has already been asked but I wanted to know if others have run into this before. Do lenders view you different depending on what you are using the HELOC for? for example, someone ...
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Do hard money lenders typically require a down payment? If so, what would the percentage be?
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If so, what type of business do you run and what bank did you do it through? I've spent hours reading about this, and thought it might be easier if someone just shared their success stories on getting approved.
My investor has came up with a repayment number of 50,000. Upon the repayment of the 30,000 an additional 20,000 in interest. The investor agreed that there would be no prepayment penalty for 1 year 1/2, and if paid w...
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Ok, my question is, my wife and I share a joint bank account. My wife's income is higher than mine, but, is mostly tips, pay for services, and other deposits like that. Her credit is not good either. my income is abou...