Ibrahim Hughes
HUD Releases New FHA Guidelines for Short Sale Borrowers
I hear Investors touting this TODAY (9/2/12) as a new development but I thought buyers with a short sale on their credit always had to wait a minimum of 3 years before buying again. Is this NEW news?
http://shortsal...
Tyreek King-El
Looking to Borrow against Retirement to go to Auction
Hey team. Looking to potentially borrow against my military retirement account to go purchase at auction in my city. Interest on the loan sits at 5% over 5-year amortized period and repayment comes through deductions ...
Alejandro Valbuena
Is borrowing money from Private Individuals a good idea?
Hey everyone!I am looking to invest in my first real estate property but it appears that saving for a down payment of 20% or more could take me at least a couple of years. Because of this, I have been seeking alternat...
Brandon Reed
Investment Prop. Loan Affect Borrowing Power for Personal Home?
Hi There,I'm wanting to get starting in RE investing but feel a bit "stumped" with how to get financing for my first property. Here is my situation.My wife and I are currently renting a home but would like to buy when...
Gregg Pauly
Liquidating one 401K to enable borrowing from other 401K??!!
Hey there everybody. I'm trying to come up with money so I can put some "skin in the game" for a first real estate investment. My current income is spoken for being that it goes to family expenses. I know private ...
Season Price
Borrowing down payment with owner financing - where to start
Hi. I found a cash flowing, multi family property that I don't want to pass on. The owner is willing to finance 80%, 4% interest rate amortized over 30, with a balloon. I originally had a family member interested in p...
Daniel Ditto
How do you borrow funds in a down economy?
I have heard many people say that a down economy is the time to buy investment property. I also see the benefit of low interest rates in an up economy where lending is prevalent. I confess my buy and rent experience o...
Sandy Sawyer
Bridging the gap between borrowed IRA funds and HELOC
So I won this bidding war by offering cash, but I don't really have enough to close, so I'm borrowing from the IRA to do the deal. I wanted this house because it's right up the street from elderly mother-in-law. Now, ...
Tomas F.
Advice! Rent it and borrow money vs Selling it
I bought a Property (Duplex) in Miami (Prime Location) in a Forclousure auction. Now I finish all the improvements and I don't know if selling the property or renting it and borrow money from the bank in order to grow...
Copelon Kirklin
The Most Ambiguous Question to Lenders/Brokers From Borrowers
When advertising the loan products I have access to, on a daily basis I get the question..."Can you email me rates and terms please?"It's not the Borrowers' fault for the most part. But they do need to be further educ...