Kirsten Milliken
Celebration--- HELOC application in BAM!
I have been reading, chatting, researching, and connecting for a few months now... I currently own my primary home in Maine and another rental in Chattanooga. Today I took the step to actually go to the bank and get ...
Ryan J Bondy
Reference for finance company needed
We are currently seeking to do a deal with financing provide by Direct Commercial Funding Inc. from Houston, TX. To ensure they are not a scam operation that just capitalizes on upfront fees and doesn't provide fundi...
Rachel H.
Rent to Tenants with Large Credit Card Debt?
Hi everyone. I have applicants (a professional couple in their thirties) to rent a single-family home I own. They seem like fine people - no reason to believe otherwise. Their combined income is 7x rent. Their credit ...
Chudney Wesley
DTI ratio too high because I haven't had my rental properties for 2 years?
This summer I bought 2 rental properties cash, which are all rented and earning a good amount of income. I am now tapped out cash wise and would like to finance an additional rental property. A LO told me that becaus...
Paul Boudreaux
Sub 2 Docs for that go to Lender
So, I have multiple Sub2 Properties, but I have noticed that later down the road the Seller (Mortgage Holder) wants to obtain a new loan to purchase another property and needs a letter or document showing that we are ...
Mike Oconnell
Would you rent to tenant in Chapter 13 if they pay for full year
Would you rent to a prospective tenant who is in Chapter 13 bankruptcy if they pay for full year up front?Thanks!
Jordan Murrell
Questions to ask your Loan Officer
Shopping for a home loan is a big decision, and it's worth it to find a loan officer you can trust. You deserve a great home loan experience every step of the way.
To avoid being caught by surprise when you’re alread...
Account Closed
2 co-owners on title to property, one co-owner wants to buy out.
2 co-owners (on title as joint tenants) to a residential property market valued at 218k in equity with no current mortgage, one co-owner wants to buy out the other co-owner for half of the market value at 109k with 9...
Francis A.
Conventional financing for -- Commercial (residential multi units)
Hi -I'm wondering if anyone has any info (recent or otherwise) to expound upon with regards to financing on 5+ residential units. IE: - How commercial financing differs from conventional (duplex, Triplex, 4 plex)- Wha...
Jonathan Miles Howard
What documents are needed (in TX) for legal assignment as of 2017
*** H E L P M E *** MY FIRST ASSIGNMENT DEAL *** H E L P M E ***I plan on assigning an owner financing terms deal/contract to a buyer in Texas. I want to know what docs I will need to carry out deal. Let me know if ...