I'm in a nonjudicial state so forgive me if my questions don't make sense.
Is this correct: In judicial states, the lender files the complaint and lis pendens. And then, assuming all goes well for the lender, they ...
I'll mix a starting out and success story in one post. I met the bigger pockets challenge and negotiated my way into my first buy and hold investment. Today was my closing. The property needed some plumbing and ele...
For those of you fans of leverage or using the bank's money...here's a provocative blog post: Why It's Not Necessarily Smart to Pay off Your Investment MortgageWhat do you think @Brandon Turner , @Ben Leybovich and ot...
Is there a set amount of time for the work to be completed, or is every lender/program different? Can any contractor (licensed & insured; vetted by HUD consultant) be used? Thanks!
So I'm trying to buy a foreclosure. It needs flooring, paint, siding repair, roof, some drywall repair, etc. I've put all the assumptions into a model and came to a max offer price of $84K.
However, I wasn't tota...
Hey BP,Someone referred me to Movement Mortgage. I'm looking for a homestyle refinance loan for a flip. The representative seemed caring and competent. There facebook reviews were awful. They had more bad reviews than...
Financing rental properties is a common roadblock that prevents many rookies from investing in real estate, but finding a great lender doesn’t have to be difficult! We’ve got some timely tips, tricks, and tools that w...
Hello,I've heard the 10 mortgage cap on conventional loans but today I was told by a friend that after 4 conventional loans under your name the fees or cost of conventional loans increases. Is that true?When I questio...
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...
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...