Does anyone know who can originate seller financed loans in Virginia? I have investors who want to sell more than 3 properties per year using seller financing.Thanks, Mitch
Hello Everyone, I recently got my MLO license and I am having some trouble generating leads. I have tried cold calling, but minimal luck. I am assuming the leads are just pretty bad. I am debating whether or not to bu...
I understand that the loan origination fees are amortized over the life of the loan, so if you get a hard money loan and paid $3000 in origination fees, you would create an amortized asset with a 1 year life span, bec...
I had a question for the group. I am reviewing a note originated within the past 6 months so obviously there is little payment history to go off of. Would anyone have advice on how to diligence the note? I was wonderi...
Hi All! I hope you are all well and safe during these times. Just curious what the pros/cons are of being a real estate investor and a loan originator for your own deals?
I went to an owner finance seminar in Texas. I was told I needed a loan originator to qualify the prospective buyer for a loan even though my LLC owns the house free and clear. I was also told I needed a disbursement ...
I work at a chemical facility and make decent money. It's around like $35/hr, which can become like $80,000-100,000 when working overtime. This last summer I got hurt at work and was looking around for a back up caree...
Hello BP Family,Does anyone with solid first-hand knowledge about the following:Is someone promoting or Soliciting customers for ONLY Commercial lending products, is that person (independent contractor) required to ha...
Hi. I just recently purchased a small note pool and the collateral file on one particular note appears to be missing a few things. Specifically it's missing:
The original note. There is a recorded copy, but ...
Hey Everyone,I recently made a commitment to get into real estate investing using the buy and hold strategy for renters, so i've been reading BiggerPocket's "the book on rental property investing" and I feel like I ha...