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...
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...
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...
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...
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...
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.
Does anyone have any experience working with Caliber Home Loans? If so, how was/has your experience been thus far? I'm looking to buy my first property (multifamily), and i'm talking with a loan officer from Caliber...
Hello,I own a commercial property (including a residence) via a contract for deed. I currently rent it to two of my other companies (which have paid rent faithfully since I got the property in March 2020) but I am loo...
During the last 2+ years, we've worked with Chicago Title and Escrow. We've worked with multiple Title officers in several different offices (Bellevue, Everett, and Tacoma). We were never completely satisfied with the...
The borrower seems ready to pay off his loan. His escrow company has asked me to sign a Request for Reconveyance and a "Beneficiary's demand". I have not yet received the original loan amount back yet. Shouldn't I be ...