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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?
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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...
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For those experts, your input is highly appreciated . I'm a newbie here!My offer just got accepted for an REO property and needs some rehab before we can close the loan and ready for rent.I got call from a lender LOAN...
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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...
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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...
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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...
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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...
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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...
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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 $3,600 working capital Loan...
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Xpress loans 911 is a major scam!! Andrew of Xpress loans sent me a term sheet for 15% down at 6-8% interest on a 30 year loan in which I had to pay 1,295$ commitment fee. Once I paid and went through the loan process...