I will summarize my experience of my 1st financing deal here! if you are interested in the detail, you can visit this postThis deal was meant to be a quick flip, and guess what.. it didn't work out for various reason ...
Hi everyone!Long time trolling, first time posting. Here is the backstory.We are interested in this property that is essentially owned by a bank that went bankrupt in 2008... but the property was relinquished in 2012 ...
We are looking at buying our first property. We are looking at a duplex or triplex. We have read a lot on this site about how to run numbers on a multifamily home, but not what to expect when you are living in one o...
Hey Oh friends! Investor here looking to dip my toe into private lending to another investor. Deal- Wholesaled property under assigned contract and buyer looking to borrow 130k at 11% for 4 months from me to finalize ...
Hi, I am looking to financing options for my first multifamily property. I would like to find a top notch mortgage broker to work with on financing for residential multifamily properties (1-4 units) in Washington Stat...
I've been doing some research on harp loans but would like to hear from someone that has succesfully refid a loan lately. The rules have changed from the begining and a lot of the restrictions have been taken off, is ...
I have a family who wants a no interest loan.I explained I could amortize the loan but give them a payment. I ,like a bank, loan is amortized. due to their culture n beliefs they can't pay interest. I require 20% dow...
I am a private lender. In 2007 I funded a second mortgage for an investor who had taken a house subject 2.
Today the house value has dropped and the investor is upside-down in the house. To the best of my knowledge...
We have 2 loans that got sold to shellpoint mortgage and have two issues that THEY CAUSED and it is going to cost us BIG TIME. Please read because we feel absolutely helpless. Should we hire a lawyer? Is there some...
Can someone explain the difference between the three? I thought all three could assume the existing financing.
Thanks