BACKGROUND: Bought a property SUBJECT 2 an existing 1st lien (lets say serviced by Shellpoint) years ago. Loan is NOT in our name but in the name of the original borrowers. This account includes ESCROW IMPOUNDS being...
Hello,I got the loan docs notarized in my lawyer's office but the title company refuses to accept them as they only work with notaries they've selected themselves. What should I do?
If I have a owner financed home that I pay solely with cash. Do I have to disclose this information to a mortgage company for a loan? I would like to keep my DTI as low as possible. Would there be repercussions?
I don’t like to do this type of thing and I’m not saying you shouldn’t use this company entirely but be aware of loan officer Gabriel Martin and loan processor James. I originally brought a auction property to them th...
Hi there fellow BP'ers, I'm wondering if anyone's had any experience with a REI lending company called Big Smiles Lending Co. out of Pemberton, NJ? Someone from BP referred me to them and then they got in touch with m...
What are points in a hard money loan? I read that if you can't afford to close, you shouldn't get a HML. What does that mean? I know I sound like a newbie and it's because I am. I'm desperate to get a contract and cal...
They say doing the same thing over and over expecting a different result is crazy. I want to know if I'm about to do something Crazy. I'm paying Can Capital $18 per day for pay back on a $3,600 working capital Loan...
Help! I have my personal goals and my business goals, but how do I put them into a good business plan? And, how do I create a good action plan (if anyone has a good pre-made action plan for wholesaling or finding mo...
Anyone know of any kind of online escrow service that can be used for when you lend money to someone?
For instance, say it's for a loan 25-50k the buyer has closed already on the property. They need some additional f...
So I find myself here again in a tough situation . So when I talk to a lending company, everyone states that what I'm looking to lend ($72,500) is to low for the company to lend. So they say they have another sister c...