Happy New Year Everyone,
I am holding the note for a property I owner financed. The buyer has begun making payments and I am seasoning the note for a note buyer. I have a servicing company that is handling the paymen...
Hey there all, going to throw out a bit of a broad/open question today.Would anyone who has used an online lender would mind sharing their experiences? How did it stack up to other financing mediums you've tried? Some...
Service Release Premium (SRP)/ Overage
Profit Banks Hide from Borrowers
"Service Release Premium" (SRP) or "Overage" is profit that banks make when they sell a Borrower's...
Hello,
My company currently offers multiple options for people in foreclosure but does not offer the loan modification route. I have found the basic information on how a loan mod works, but am having a hard time gras...
Good evening BP family. I am in a position to potentially become a hard money/private lender and am looking for a company with whom to join and utilize their services as a lender ~ not a loan recipient. I realize th...
Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days. Now I cant use any of that income under Fannie...
A lot of the webinars explain financing. Im very new to real estate. Once you have your deal, does the money you need to pay back your lender comes from cash flow? Im confused!
Investment Info:
Single-family residence buy & hold investment in Foxholm.
Purchase price: $215,000
Cash invested: $50,000
First Investment Property full of learning Curves, but overall very happ...
Hello all I was wondering if anyone thinks it's good idea to assume a assumable loan from a property cash flowing about 3k after all expenses?any ideas as to the best way to approach this owner who is willing to negot...
I have been studying several notes I have recieved in my email. Most of them are non performing 1st. Could someone who is familiar with working with non performing 1st please help me in how to properly conduct the ...