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I am considering buying a live-in flip in Florida with the intent to buy, rehab, live-in and sell. To avoid tying up cash I can leverage for other flips, I am contemplating financing the live-in. I am hoping there a...
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Okay so I am building my team and I am looking for a HML to go with in the state of MD. I am looking to buy/rehab/hold properties. I am trying to buy at 55%-65% of ARV, rehab properites that require less than $40,00...
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Would you be able to recommend a national or North Dakota-based loan servicing company for seller finance deals?
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Lets say you and a seller agree on a price to a house. They owe 45k on the mortgage and you offer them 55k for the house. You write up the contract and take it into escrow.
What happens next? I assume the tit...
. I have a question maybe sameone can answer for me. I foreclosed on a junior loan I had on a underwater property in Southern California,took it to public auction and no one bid so it went back to me,then evicted the ...
Hello all! We are looking to start on our first couple properties. Have found our first one we'd like to submit an offer to. We have a pre-approval for a conventional mortgage. My questions revolve around the loan and...
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How does using your 401K work? What types of forms are needed? What is the process like? What might be some consequences of this? I really want to get started investing in my first property. I'm looking for creative f...
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What servicing company are you using, and why did you choose them?
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I am perpetually frustrated with the appraisal process. It's the same each time: A sign a purchase contract for an apt building and my lender pre-approves me. They get bids for an appraisal and select the one with ...
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Hello everyone,In the case of a sherrif sale. If the primary mortgage ends up being "reassinged" years later to a different mortgage company, does that loan still remain its seniority?Situation - Loan for 220k in 2004...