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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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Had a private mortgage with a client who wanted to do a reverse mortgage through AAG. Took 3 weeks for them to close the loan after they had all the information. Additionally it took 4 days for me to get my money with...
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Hello Community Members,
I understand the basics of a Subject-To deal (taking over the existing mortgage in place). I picked up some learning materials and it said one of the first things to do in real estate invest...
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Does anyone have any experience with alternative financing using subject to? Would like to structure my next deal with this but I am having trouble finding an attorney or title company willing to transfer deed. Can...
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What requirements are there for obtaining a mortgage?
I'm being told I have to of worked in a job related to my education for at least a year in order to obtain a mortgage. Has anyone had a similair experience?
As I...
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Hello BP fam! I'm trying the find a Colorado lender (or at least authorized to lend in Colorado) to work with who understands how I can qualify for an FHA loan without the 2 years of continuous work experience? I rece...
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Bigger Pockets Family! We we have a dear friend who is in a financial pickle and has offered to sell us his out of state 3 bed, 2 bath home for $290K (currently listed for $300K). Loan is assumable ($182K balance at 3...
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It seems like every time I look up, there's a new "commercial lending" or "commercial funding" company that has popped up across my networks.
The individuals offering these commercial loans are always offering somewh...
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I have been unable to get any information regarding this subject so looking to see if anyone knows: does Texas allow home equity sharing loans (also called equity investment loans)? And, if so, does anyone happen to k...
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I have a first deed mortgage of $600k with a private person in CA. Loan term is 6 months, interest only at 5%, maturity on 7/1/20. First payment is due on 2/1/2020.
I've been DU approved for refinancing. Escrow and ...