Public Service Announcement I was scammed by a company called Xplicit Home Loan they offered me a loan of $280K for an investment property I was looking into. They claimed to be a private money lender. After sending t...
(I wanted to start this thread separately to avoid hijacking another thread where this subject came up. The topic is important enough to warrant further discussion.)
As @Tracy Z. Rewey pointed out, there's a huge dif...
Hello, my question involves having my company paying me a salary. Would it be smart to do this since if I can show two years income, then I can qualify for 30 year loans on rental properties I am planning on owning. ...
We are just taking baby steps and God-Willing, closing on our first deal next week. Its a 2-family REO. We would like to form a corporation through which we would like to buy more deals . How do we get started afte...
Has anyone done business with Virgo Finance Company?
Any reviews/complaints will help.
Hello!I have seen some posts around this topic, but nothing that definitively answers my questions.I just talked with a lender that will provide a loan in my name, even if the title for the property holds the name of ...
I recently asked for a private money loan. The application was very easy and simple to fill out. Now there asking $550 up front fees. What do you all think of this?
In the lending world, loan scams always target the areas where loan products are scarce or simply don’t exist. Some of the biggest scams in lending right now are following construction loans for spec homes and residen...
Hey all, I was wondering if anyone had experience with First Choice Loan www.firstchoice-loan.com out of Sacramento California? I filled out a very vague "application" and was "approved" quickly which seems a littl...
Hey all,I'm trying to find financing to buy in a 90% investor occupied building in Coral Springs, FL. There seem to be some DSCR loans that will work, and I found one investment mortgage company that will do it. Anyon...