Alejandro Flores
Assignment Of Mortgages Payments Sale Wrap
On Assignment Of Mortgages Payments Sale Wrap, creating a creative finance strategy, I know you would mirror the note/ mortgage and pass on the deed to the end buyer. The end buyer would then put a down payment then a...
Francisco B.
Are my closing costs to high even for NYC?
Hello all. I'm wondering if my closing costs are to high even for NYC.
3 Family new construction 9br, 5b, finished bsmt.
Interest 4.5%, 30 year fixed
...
James Mcsweeney
Transferring Ring doorbell to tenants
I'm going to rent out my primary home which has a Ring installed. I don't need it at my new spot so wanted to see if I could just transfer this to the tenants as a bonus. Is this legal and ok to do?
Keith Gertiser
Assuming a VA loan and house hacking a duplex
I Am currently looking to purchase my first duplex and plan on house hacking it. The property currently has a VA loan on the property at 4% and significant equity. I plan to substitute my eligibility for theirs, howev...
Blake Cross
LLC or Insurance...A Forever Question
Good afternoon folks!
To get this going again, I'm wondering if anyone knows if only Fannie and Freddie are allowing investors to transfer title into LLCs that the lien holder's control, or if it is across the board...
Barry Ratliff
My subject to mortgage account no longer exists with lender. Any ideas?
I went to make my house payment on subject to house that I have owner financed and the bank (BOA) would not take my payment. Due to being the weekend I could not talk to customer service but I checked with automate...
Josh Thomas
Closing on a performing 1st note - process, legal, due diligence
Before I pull the trigger to sign a Purchase and Sale agreement for a performing 1st note from FCI, I'd like to understand the ideal closing process.Would you recommend I hire a local title company to preform a title ...
Brian Williams
LLC Formulation and Due on Sale Clause
In the Latest April News Podcast the guest host stated that banks never enforce the due on sale clause if the mortgage is transferred from an individual to an LLC. In fact he stated they rarely find out because they g...
Reid Simonton
Lender won't allow transfer of ownership to LLC
Hi all,
This is my first post on BP - I looked around for similar questions/answers and couldn't find a good match so I figured I'd go ahead and post; hopefully this is the correct forum for my question. First, a li...
Bienes Raices
Due on sale clause and small portfolio lender
I know the "due on sale" subject has been beaten to death here, but I haven't seen this aspect covered before. Will a small local bank react differently than the mega-banks if you transfer the deed to an LLC? Is it no...