Good Afternoon BP,
Let's talk hard money loans..
In the state of Georgia, where I am from you do not have to have a MLO to write hard money loans. Would you as a buyer, feel comfortable and confident using a loan th...
I own a note in Memphis on an occupied rental property. The borrower lives in a house across the street. I believe he has family members living in the rental property. The utilities are in the borrower's name.Wh...
Hey Guys, I decided to refinance my rental property since rates are extremely low. I sign a couple of documents ( Appraisal report, Proof of delivery, hazard insurance, loan estimate, Lock agreement) but my current lo...
I recently purchased a performing senior lien. While the audit was being performed by my servicing company they found that the loan was not escrowed for taxes and insurance at origination. They went on to inform me th...
Can anyone recommend a someone who is currently doing loans for foreign nationals? I have high credit score, LLCs, income, credit cards, etc. but I'm a foreign national and I would like to refinance a portfolio of sin...
When buying privately originated mortgage notes (owner financed) what documentation should I be looking for to ensure the loan complies with new lending guidelines?
Interested in hearing feedback from seasone...
Often time, prospective home-buyers become homeowners by securing a secured mortgage loan in the first instance and then subordinate them with a second mortgage loan, often known as the home equity loan. Due to the...
Hello,I'm gearing towards making my first deal for buy and hold and I have come up with two different approaches to make this happen in my market, Los Angeles area.Scenario 1) Buying a fourplex with a 203k Loan lockin...
When looking to obtain "cash-out" refinancing on a 4-Unit Multifamily Property, how do lenders think through sizing the loan? Is it based on residential methodology (e.g. market comparables) or more so commercial meth...
Just wondering if there is any other places beside small credit unions to get a good deal, my state employees credit union offers heloc at 4.5 rate which is good but therer monthly payments for heloc is for every $100...