Sunny P.
Foreclosed property question
I am looking at a condo that was built in 2006. Owner 1 bought it for $163000 and sold it to owner 2 in July 2009 for $127,000 and then in July 2016 some loan servicing company bought it from owner 2 for $114,050. The...
Gibran Del Giudice
Finding property mortgage information
How can I find out if a property has a second mortgage on it without doing a title search through the title company? I’ve search the public records but it seems when someone refinances a loan it looks like a terminati...
Danny Simard
An investor finds a private money lender. Now what?
Scenario: I'm an investor looking to borrow from a private money lender. I've found that private money lender, we've agreed on high-level terms, and we're ready to move forward. Now what? What do we have to do to get ...
Carlos Araujo
Anyone have experience with lending tree & quicken loans
Hey guys, I'm looking for a mortgage company so far I looked at going to a big bank like Bank of America and Wells Fargo but what about all these online companies??
Pradeep Varghese
Using Fund and Grow along with Plastiq for paying down payment
I was wondering if anyone has used Fund and Grow along with Plastiq for paying a down payment for investment properties. Plastiq states that certain credit cards from Fund and Grow can be used through Plastiq to send...
Herm M.
How much can someone charge on a loan mod?
A lot of us short-sale flippers have the same goal: to find as many listings as possible. But we all run into people who aren't willing to short-sale their property, and they would like to attempt a loan mod.
I haven...
Matt Carter
Insurance question
I'll try to keep this as short and sweet as I can. Here's our situation:
We are relocating to another city (job promotion) and have decided to rent our home. We just changed our homeowners insurance to cove...
Mike Gennaro
How can we extract money from a 401K for RE investing? Can we use the money in our own LLC?
My friend and I own a leasing company. He has a 401k that he would like to extract some money from for use in our company. We are new to the legalities of this. Do we need him to roll over into an IRA first? Self dire...
Jared Sandler
Important questions for a Hard Money Lender!
After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
Jonathan Brown
Financing
I am in the process of getting my financing in order to purchase rental properties. I am speaking with a local credit union about getting a unsecured loan ($40000 or less)which should not be a problem in obtaining. My...