Brandon Schlichter
Getting a loan for 85% LTV or higher?
Are there any lenders out there that will finance higher than 75%LTV on rehab properties?
I'm running into so much with trying to get a LTV rate higher than this. My credit is decent at 680 or higher, but everyone se...
Nick Macklin
MD Attorney For a Subject To deal?
Anyone know of a good attorney in Southern MD that will do subject to existing mortgage deals? I have a possible deal right now but don't know of anyone comfortable with them. Preferably down in St Mary's County but...
Jack Glazer
Refinancing after a cash purchase
Hey All, About to make a cash purchase for $21K on a 2/1, and put about 100K into it. Comps in neighborhood for same size property range from 155-185. How does it work with refinancing (for BRRRR) on a cash purchase s...
Alex Wood
Owner Finance with and existing loan
Hello everyoneI am wondering what issues would come up while trying to buy a house with Seller finance. The current owner also got seller financing when he purchased the home and hasn't fully paid for it. Will the pro...
Peggy Kiker
Deal structure and contract wording
Hi all!I have a couple of general purchase contacts to use in wholesaling, but I need some advice about how to structure a deal and contract where the seller may be behind with mortgage payments, or if there is a lien...
Lisa Ann
1031 mortgage port and tenants in common
Two questions about 1031 exchange:
1) We are interested in porting our existing mortgage to the new investment property as part of the 1031, is that allowed?
2) We (husband and I) are the owners of the first prope...
Clayton Hepler
if I buy a subject to deal, does it lower the sellers DTI?
if I purchase subject to existing mortgage deal, does it lower the sellers DTI?
Alfred Vitale
NEED HELP** I'm a noob, working on 1st deal (personal)
NEED HELP** I'm a noob and I am interested in selling my property in NJ outside of a traditional mortgage. I would like to sell my property for $605,000 with a down payment of 15% using sub to for an existing mortgag...
Jeremy Cepress
Busted pipes ran out of money
What to do if pipes have busted in my 11 unit multifamily complex and ran outta money. Scary situation. Only ideas I have is to quickly sell with a credit to buyer for the pipes or a celoc (line of credit) for the rap...
Jonathan Toruno
Anybody doing a lot of sub2?
Got my first sub2 in the works just trying to make sure I have the forms correct. I’m using a P+A like I would wholesaling correct? But I’m also adding a subject to existing mortgage in the agreement correct?