Hey all! I'm looking to purchase my first investment property with a few partners. I was wondering what the best way to do this would be. I know for most investment purchase banks require 20% down. But to get around t...
Today's Topic: BUYING REAL ESTATE WITH CASHThere are pros and cons of buying real estate with cash. Like most things in real estate, it depends. Before considering purchasing real estate with cash it is important to c...
Since I struggled so mightily in finding information about the Pennsylvania foreclosure and sheriff's sale process, I wanted to create a thread going through the process in detail in hopes that this may help someone d...
Hi. I need to find an investor-friendly mortgage originator so that I can have all the proper paperwork (for the Safe ACT), since I will be doing selling financing with Mobile Homes.
Thanks,
Philip
June 2, 2010
The Potential Perils of Short Sale and Mortgage Fraud
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I have a prospect that is looking to sell but it is complicated. The property has a reverse mortgage on it. The home is part of an estate. The executor is has been given permission to sell it to settle the reverse mor...
Hello everyone..So I currently have a home under VA loan that I’ve owned for 4years. My wife and I are looking into purchasing a new construction home in our area also using the VA when the builder made us an offer th...
I am looking to get some ideas on creative seller financing. The property in question is a triplex and has an after ARV of $350k. the rents are good and the situation currently is that there is roughly $70k worth of l...
I have a question for you. In the example: $200K purchase price, 20% ($40K) down. Say I get a private lender to loan me the $40K for a down payment for the mortgage. how would a loan officer take this....?
Good evening, I was contacted by a potential lender. Being that i'm new to getting funding for my deal I was told that my loan was approved and all I had to do to get it deposited was pay a fee of $250 for security of...