A quick question. I have tried to re-finance with Bank of America for a 3 unit but have been told that BAC was told by the Gov. to suspend use of HARP 2 for investment properties for 60 days, and possibly 60 more. I ...
If I get a mortgage on a property in my personal name, and then transfer that property into my LLC's name, what exactly happens to the mortgage? Does the mortgage also go into the LLC's name to be paid from the LLC? O...
Hi,
I'm planning to start looking at properties in the SF Bay Area (East Bay) to fix and flip, and while I'm planning to pay all cash for the purchase of the home (for a variety of reasons), I'd like to know if anyon...
So I am looking for a mortgage. I currently have great credit, plenty of savings, and more than enough regular income to leverage this loan, however half of my income is from a 1099. I spoke with a lender and they wou...
When you take out a loan from the bank for a real estate investment ( for ex. a multi-family home) and you decide to buy and hold. Are you the investor paying for the loan or does the tenant you put in the rental prop...
Hello all... Long time lurker, first time poster here. I was hoping someone could answer a question for me.If I wanted to make an offer on a property and was planning to use a HML, how would that be written into a TR...
CHFA Down Payment Assistance: What You Need to Know
For many Coloradans, buying a home may seem out of reach due to the high costs associated with a down payment. Fortunately, the Colorado Housing and Finance Autho...
Anybody know of any lenders that will loan to someone for sheriff sales? The homes in my area are being sold as-is sight unseen and I can’t get an appraisal inside until after I own it. That is where most lenders back...
Hey all, I have an investor buddy of mine who owns several dozen properties free and clear. They're located within 2 cities adjacent to each other. He's considering leveraging some of the equity to expand his portfoli...