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I would like to approach my construction investor about turning short term construction capital into a 15 yr mortgage. I am looking for name of mortgage services to help with this process. any advise or suggestions wo...
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How can I find out if a property has a second mortgage on it without doing a title search through the title company? I’ve search the public records but it seems when someone refinances a loan it looks like a terminati...
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Is there anyone who has experience with the rules regarding Loan Assumptions? I was told by Bank of America that all loan assumptions have to be occupied by an owner occupant within 12 months. Would this mean that if...
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I am looking to purchase a duplex, and plan on using a FHA loan to do so in the Orlando area. What do I have to do, and where is the best place to go to get the loan?
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Hey everyone,
I’m really happy I found the BP community and have now listened to most of the podcasts and attended my first REIA meeting this week. I’m hoping to ride that wave and really get going on investing.
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The short sale lender wants to close by April 15th.
Let's say I use bridge funding, that means the C buyer would need to close around April 18th.
My title company has told me that a land trust is needed. Reason:
So...
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I'm trying to close my first subject-to deal and my title company is unfamiliar with the process. Being that it's my first one I'm not exactly sure how to explain it to them either. My understanding is that the proper...
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Hi allA year or so ago we needed our roof replace and so we went through Renew Finanical. We didn’t know at the time that this loan was actually a lien that would prevent us from being able to refinance our mortgage.M...
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Hello I'm a military veteran in Chicago very interested in purchasing a multifamily property and being a owner occupant. I am a first time home buyer and I'm also VA Home Loan qualified.With the VA Loan its 0% down up...
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We have an 8 units (2 buildings with 4 units each) that we plan to purchase. Two options we are considering
1. buy them under personal name at interest rate of around 3.X
2. Buy them under LLC but then it will be co...