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So here is my story, I have owned my home for the last 17 years and have refinanced at least 5 times in those 17 years. The most recent refi was actually to acquire an equity line of credit, basically because we owed ...
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Scenario: An REO foreclosure lists for $400k on the MLS. The property appraises for $800k. Will a mortgage lender give me an amortizing loan at 75% LTV (i.e. $600k), based on that appraisal, to (A) purchase the proper...
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Hello, I am a newly Real Estate investor and believe I have found my first rental property to purchase but am running into a small road block so I came here to ask for advice. The property I have found is a 100k askin...
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Hey guys I’m kind of new to the real estate game...
I bought my first home and done major renovations to it as far as getting a permit demolition and reconstructing everything from the ground up.
I have three qu...
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Hi, how are you.I am working as part-time real estate agent now, while my husband is full-time RE agent.I am interested in residential mortgage lending and would like to take the 20+hours course for the RMLO license i...
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Hello. I'm in the market for my first house hack deal. My mortgage broker doesn't offer the 203K loan or the HomeStyle loan (offered by Fannie). I'm looking for a creative way to get some immediate equity through forc...
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Hello folks,
Any lenders with good experience doing FHA 203k loans in the San Antonio, Texas area? Also would love to connect with an investor/agent in the area who has either had experience doing this type of deal o...
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I'm looking to get pre-qualified/pre-approved and I'm trying to understand the best place to go for this. Is it just a local bank, does it even need to be local? Or is it smart to go to the 'Network' drop down tab her...
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Hello, I am very much interested in becoming a full time real estate investor. I purchased a house ten years ago in the hopes of living in it for about two years, fixing it and then flip it. That was when the housing ...
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I have been listening to several podcasts where people talk about cash out refinancing their property and the money is tax free. How is the money tax free? I'm located in Maine