Bob Malecki
"Lenders License" requirement for NPN mods?
I'm working with a company who may raise some capital for my llc and they said that I may need a "lenders license" if I (my llc) modifies a preexisting loan. I've never heard of this, but thought I'd post here to get ...
Sina Bigdeli
Explanation for what happened to your mortgage after financing
Question:What happened to your mortgage / loan when you finally get the house, and how is it related to the federal funds effective rate? my very base level understanding is that your mortgage lender sells the loan an...
Jeffrey Allen
Rookie Question: Transition from note purchase to servicing
Ok, a really stupid question here to hopefully avoid a really stupid action. For the last several months I've been researching potential note purchases from the third party websites. I've familiarized myself with th...
Kevin Foster
Servicing...to support the Investor network?
Seriously looking for input from RE investors.I've read many discussions and had conversations with many others about servicers, servicing and supporting the investor network. There are a lot of opinions and ideas out...
Peyton LaBarbera
Difference Between Loan types pt2
What is the difference between portfolio loans and DSCR loans? Or are they the exact same thing?
Cole Baker
What is DSCR at Purchase?
I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a lo...
Jake M.
Need advice on mortgage lenders for purchasing a house
I could use some advice and feedback on a few mortgage lenders, and servicers. I am shopping for a conventional conforming 30 year fixed mortgage for a primary residence. Fico's over 740, no debts currently. Doing a ...
Jason Dillard
Mortage company to originate seller financed loans
Is there demand for loan origination for seller financed transactions across the country? We defiantly have the demand here. The benefits out weigh the expense and headache for us to become licenced and complian...
Bob Malecki
Georgia licensing requirement for purchasing notes?
An associate forwarded the following info about Georgia licensing requirements for note buyers. Based on the language it seems that an individual would be exempt since it is "solely as an investment". I'm not clear th...
Omri Liba
Costs associated with performing note investing
Hi All!New to the forum and the note investing world..I'm looking into building my excel template for analyzing IRRs of performing (1'st lien) note investments Can you please elaborate on the costs associated with buy...