Eric Davis
One Loan-Multiple Properties?
I've been looking at a couple of cheapo houses in the area around me. Most of the prices are under $50,000 and have had trouble finding a loan company that is even willing to fool with something so cheap. Is it a po...
James McGovern
Standard Forms for Hard Money Lenders
How come no one has created a standard form for hard money lending where the terms are easily comparable across them? Something similar to the HUD forms we are familair with? Everyone seems to use email and will descr...
Patricia Gammage
Tony Martinez/Asset Ventures LLC - Do Not Pay Investors Back
Asset Ventures LLC and Tony Martinez advertise themselves as a note dealer and servicer company, established with the intention of facilitating the purchase and sale of Notes for Investors. Asset Ventures and Tony ...
Jen Geisler
Home inspection equivalent for Condo
Beginner investor here. I’m looking at buying a condo for STR (yes this is allowed at the building). The building is near the beach and is about 40 years old. I’m wondering, when a house is purchased there would be an...
Ollie Honan
First deal,trying to gather info on financing Fables,Fictions and Facts
My wife and I have finally gotten within striking distance on our first rental property.The home is bank owned needs a new roof,some plumbing work and a new kitchen.Otherwise the house is in great condition.Our goal i...
Teekap Pate
Pay for Rent schedule - What does this mean?
Hello, I'm looking at purchasing an investment property home and the lender indicated that they need to structure the loan with me renting out the property. Since I don’t own the home until after I close on it, I woul...
Steve Sparks
Anyone Else
Getting bombarded with email saying old inbox conversations have been updated? I have gotten about 15 in the last 10 minutes..
Mike Jakobczak
Proof of Funds Letter
Hey,
Has anyone used any companies that provide proof of fund letters? An example of a company would be I believe it's fundthiswholesaler.net
I am wondering because I have funds in different accounts and don't wa...
John Thedford
Ongoing Problems--CONVENTUS LENDING AND SHELLPOINT SERVICING
I got two loans from Conventus a few years back. Their original servicer did a good job. They transferred servicing to Shellpoint. This has been a nightmare.To me it appears conventus doesn't care. However, because Sh...
Robert Way
Documentation before or at closing?
We are closing on our first duplex. There is currently a tenant in one of the units. The current owner stated that it is a month to month verbal contract. I have asked for an esstopal letter as well as a writt...