John Lee
Loan in personal names and putting title in LLC
So my brother and I are finally getting a rental property.Loan is under way with our personal names. However, we wanted to put the title in LLC from the start instead of transferring it after the closing. Has anyone...
Pradeep Varghese
Using Fund and Grow along with Plastiq for paying down payment
I was wondering if anyone has used Fund and Grow along with Plastiq for paying a down payment for investment properties. Plastiq states that certain credit cards from Fund and Grow can be used through Plastiq to send...
Mark Daniel
Mortgage not approved due to private road
I'll try and make this short. I have been in the process of purchasing a land/mobile home package since February. Its 5 acres off of a private road that all land owners have deeded title to. A few days before closing ...
Benjamin Blackburn
Are there guidelines to choosing Lenders, Bankers or Mortgage Brokers?
Hello BP,I'm wondering if there are any guidelines to go by when choosing the lender? Are there certain questions I should be asking? Obvious red flags? What am I looking for?I've been looking into FHA loans since ...
Jared Fracker
Private Money Lending? What's the norm?
Hi there I am getting ready to do a deal in Northern Kentucky/ Cincinnati OH, and I have finally figured out how to get pre-approved conventionally, I am moving out of my primary residence (and turning it into a shor...
Trenton Cottrell
Can a 203k loan be used to convert a single family into a duplex?
I know 203k can't be used for whatever you want. Usually 203k loan is to make necessary improvements to the property. I see a deal, where it used to be an over/under duplex then it was converted to a single family hou...
Phillip Cailey
30%?
Went to my loan officer yesterday, to see about my first REI loan. I was in shock when she said their new policy was 30% down. I finally talked her down to 25%, but she was sincere about this 30 percent and I thought...
Rajindra Ramnauth
Credit scores
Hello, I'm looking into mortgage brokers, does it effect my credit score, when I apply for home loans?
Blake King
Motivated and driven College student in Seattle!
Hello everyone! My names Blake, I am a business management and accounting major at Northwest University in Kirkland Washington, about to graduate here in December! I have always been interested in real estate investin...
Raul Velazquez Jr
Closing on first rental next week.
As the title says I will be closing on my first property next week friday. I have yet to get my final numbers (closing and downpayment totals) from the loan company. I was told that they should have it to me no later ...