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I just have some questions about working with private lenders. I have been reaching out searching for private lenders for real estate investments. I have finally found one I think that I can work with. Freedom Loan Se...
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I see that quite a few people have purchased properties with 30yr mortgages. All of the banks that I talk to will only do a 20yr mortgage on a loan that is in the name of an LLC. They will do a 30 on a personal mortga...
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Hey Guys!Just wanted to begin by saying thank you very much in advance and that any help is appreciated. Taking action is something I can do, I'm just trying to minimize my mistakes and to look for some guidance.I kno...
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I came across this website:
http://assetadvisor.mfgcapitalgroup.com/p1.html
I talked with John Frazier of the above company. Seems to be a reputable company but the claims are too good to be true. So, I...
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To Service or Not to Service
In the world of distressed second mortgages, we use servicing companies for two main reasons. The first is for “insurance reasons” (I’ll explain later) and the second is for “convenie...
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Hi Everyone,
I'm looking at maybe taking over an FHA loan subto for a condo in Oakland, CA. The seller's title company says they won't do a subto on an FHA loan. Does anybody have a title company that is familiar wit...
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Has anyone ever had any deals with them and if so what is your experience? I have a deal I am trying to finance and I have been talking to this company. Reason I am hesitant is due to the fees they want up front.
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I'm screening for my first rental tenant. Would you ever consider renting to someone based on them paying 4 month chunks at a time, this to be paid fully by their student loan distribution and not working income. This...
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I was recently told that I don't qualify for a conventional loan because of my debt to income ratio due to college loans. I don't have an astronomical amount of debt and no other debt besides my wife's car payment and...
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An agent wants to list my house, which is now on the mls via flat fee lister. This is the second time she called about it. She told me that she would work to sell my property if I listed with her. That she would call...