Bridgett J Bell
DSCR Loan docs question
Hi
I applied for a DSCR loan to cash out on a free and clear 4plex held in an LLC but the loan officer is asking for my personal bank statements, personal home mortgage statements. I don't understand why I need to su...
Manco Snead
Any Experience with AmeriHome mortgage?
Greetings,The property I very recently bought through a credit union was immediately sold to AmeriHome Mortgage. I didn't know the CU would be selling the loan until deep into the approval process. AmeriHome has a mil...
Peter Halliday
Paperstac Non-Performing Underwriting Model
New to notes. Bought my first Performing note on Paperstac. I was looking at making an offer on a non-performing note. I was building an excel underwriting tool myself. I've taken a commercial real estate course o...
Quinn Kiet
Loan Modification Companies - any opinions?
I'm exploring this path as a source of revenue and was wondering what your collective opinions are, as to the pros and cons of it, from a business stand point.
Obviously, this will be a legit loan modification servic...
Olivia Garcia
How do i get a property serviced by a 3rd party
I listened to the podcast with Pace Morby explaining seller financing but I am confused on the part about servicing the property to lower DTI. Can anyone explain this in further detail. Like how would I go about findi...
Anthony Miller
I'm looking for a reputable Lender (Hard Money or Private)
There is a plethora of lenders one can do a deal with, but I'm looking for an asset based lender who is fast, reliable and has excellent customer service. I'm looking to purchase a SFH (Non-Owner Occupied) in the 441...
Sean Dezoysa
Buying on seller finance, selling on land contract: how to secure
Let's assume this scenario:A-B sale. Seller sells a house for 10k down, 190k note secured by deed of trust in first positionB-C sale. Investor resells house on a land contract, 15k down, 200k note secured by deed of t...
Josh Edelman
Assuming a VA Loan - Can I do it while my 1st property is VA?
I currently own my own property as a VA loan. I want to assume a VA loan property across from me as an investment property and/or move in to it. If I assume it, will it count against my VA eligibity cap? Am I even ab...
Roy Jones
New Wraparound laws for Texas
What’s a Wrap-Around Mortgage Loan?
A wrap-around agreement is a type of secondary mortgage financing and involves the buyer paying the seller directly for a residential property — often at a higher interest rate t...
Natalie Lopez
Military Veteran Investors in Portland Oregon
Hi everyone,
Looking to connect with other prior service members in the Portland/SW WA area to potentially share investing strategies with VA Loans. Would love to hear your success stories below!