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I have a partner in Slidell,Louisiana 20 minutes away from New Orleans and he's interested in wholesaling. I'm wanting to know if it's a good market for him right now and is New Orleans up and coming? He's really inte...
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Here is the situation. The home owner has an owner financed note remaining of 90K. Minimal to no repairs. ARV 185,000. Her note balloons or expires in 2017. Set up in 2012. I suspect it was not done to frank Dod...
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I have 2 questions but will post 2 threads.. first question.. how many mortgages will banks give to 1 person? I read somewhere that 10 was the magic number and then you have to move over to a lender who does portfolio...
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Trying to determine which financing route to go. Wondering if y'all have recommendations, or things to think about.Purchasing a $460K turnkey property for short term rental. I've been wanting to put it in an LLC, for ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $215,000
Cash invested: $20,000
Sale price: $435,000
my first ever rental purchase. Rode the equity wave- had ...
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Hi all. New here and hoping to get your advice.
I put an offer on a condo for 119k$ short sale which the bank accepted.
Bad news is banks won't finance the deal due to less than 50% owner occupancy.
One lender t...
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Hi all, First time posting here, but long time reader. I truly need help on evaluating a construction loan we have been offered to rehab a 7,000 sq ft school into 6 lofts. The loan would be for 350k. My main concer...
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I have a sfh that rents for $650 per month. Current loan balance is $19,000. Current rate is 5.75. Property value is around $65,000-$70,000. I want to refinance and pull some money out to use for down payments on more...
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Does anyone know what the standard salary or compensation for mortgage loan officer for residential and commercial? I understand they vary but is there a standard? I got the impression 1 % commission was about average...
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I am financial controller and would like to put together a quick reference card/dashboard for investing in notes. What I am looking from you all is old raw data that I can use to create this QRC/dashboard. I am also...