I see in almost everyones business card, ad, or website "we can close quick" or something of that nature. How do you close quick? Have other investors/partners money in an account at all times? Or are these claims ...
I'm a commercial multifamily/apartment investor. I imagine that banks/lenders are/will be taking possession of foreclosed M/F buildings in addition to all the SFHs. So, when will the lender's threshold for pain incr...
My niche is purchasing and restoring the 100+ year old mixed use buildings that you can find on Main St. in just about every Midwestern county seat town and then keeping them in the portfolio as long term Buy & Ho...
Hey I am trying to figure out interest only payments on a mortgage, how do I use the mortgage calculator to do the math? Thanks!
Hello -Any good REI Friendly Lenders in Dallas / Fort Worth area? This would be for Buy / Hold Rentals. I have large cash balance; however, would rather leverage and fast track purchase of rental properties. Need a...
I recently received a free Home Loan Check Up analysis from my mortgage company . This is an opportunity for the lender to inform me of what offers I have in regards to refinancing or pulling out of equity. One of the...
I am hoping for some experienced input before I proceed with a deal and closing.I have a seller who has agreed to sign my purchase and sale agreement. FMV is around $100k; I will pay $76k and put in $20-30,000 befor...
So I just closed on my HELOC thinking I got a greet deal. ARM, margin Prime -.5 throughout the entire 10 year draw,. But,The way you pay is different, for every $1,000 drawn the payment would be $14.00. So if I maxed...
I have heard so many different stories about balloon loans. When a borrower signs an agreement to pay interest only for a set period of time and pay the amount due at a set period of time. Say, I borrow $100,000 at 5%...
Is it illegal to enter a land contract if a mortgage still exists?? In wisconsin