Hello, I’m going through a private financing company and I am being advise to pay it before closing. Is it to be paid upfront or at closing? 

Looking to get a little advice here as I'm in the process of buying a 2-flat here in Chicago.  I recently filled out the loan application and there was a section that was titled "loan estimates" where it has Terms, Pa...

Hey!! I’m signing my first BRRR property this week, and have a financial question:
If you get the deal with hard money loan, how do you refinance it after the rehab? I don’t think the hard money loans company refinan...

Hello. As a first time buyer I went forward with the mortgage company my realtor recommended and now I'm worried I did not get enough competitive offers for a loan. About us: My partner and I have excellent credit (~8...

There has always been many questions as to if one needs to be licensed to engage in COMMERCIAL mortgage brokering/origination or RESIDENTIAL INVESTMENT property mortgages.  Here is a list of states divided into three ...

Hi Everyone,
I have a seller with a VA loan who is willing to sell the property to me on a subject to basis. She's not concerned with taking out another loan so, the entitlement limits are not a concern. My difficult...

There is a talk about reducing borrower's principal on their loans to help them stave off foreclosure. I would like to know who has to take the hit when a loan is reduced. Most lenders package their loans and sell the...

I am rehabbing and flipping a property in Chicago 3br/3ba. I took out a hard money loan on the project but unfortunately the house needs alot more work than I originally intended and I don't think I'll make a reasonab...

Hi, I heard Pace Morby on BP Podcast talk about wiping a person's DTI 100% after 1 year simply by using a servicing company. This scenario would be if I took over a mortgage via subject to and the seller would not hav...

Has anyone heard of this company based in Tampa, FL ? Not sure if they’re legit. I searched Corporate Wiki and showed nothing. I just don’t wanna be duped by sending all my info and come to find out it’s a scam. I’m a...