Andrés Medina
Privately Financed Mortgage Notes
My parents are facing the following situation, looking for help.They bought a home in May of 2000. Privately financed mortgage from the owner that they bought the house from with balloon payment due in 10years at 8% r...
Matthew Sutton
Finding Pre Foreclosures early
Anyone have any tips on how to find folks one or two months behind on their mortgage? Zillow seems to only show them when it's too late. I'd love to go door knocking knowing they were behind a little.
Terrell Owens
House Hacking Conventional Loan still 20%?
I'm currently trying to become a first time home buyer and I'm extremely interested in "House Hacking." The concept that I could have a multi-family unit household and live in one unit is a desirable outcome. However,...
Benjamin Knickerbocker
Is there a limit to number of DPA programs I can use on a house?
I am planning on buying my first house hack next year and currently exploring ways on how to finance my first down payment. Tennessee has the THDA Great Choice Plus Loan Program that allows $6K in a deferred forgivabl...
Dean Klein
Cash out refi to pay off HELOCS?
Here's my situation, looking for input on the right move.
I took out 2 heloc loans on 2 investment properties for the down payments of two other properties earlier this year. The heloc payments are 1% of the balance...
Gere W.
Private vs lender money terms
What are differences typically of private money vs conventional loans terms?
Conventional: 30 yrs, fixed, amount loaned dependent on income + credit
Private: 1-5 yrs?, fixed?, dependent on?
Adam Lindberg
CPA Recommendations - Dallas, Texas
Hello,I just purchased my first property in Dallas, Texas. It is a single-family home that I will be turning from a 3 to a 4-bedroom house that I'm going to be house hacking from Month 1. I was originally planning to ...
Henry Ko
What's the process to buy a third house with a mortgage?? NY
I have a few questions regarding my plan to buy my third house in Brooklyn, NY. My budget is around $1.5 to $1.8 Million for 1-2 family house.I currently have an apartment in Brooklyn, NY (my primary residence) valued...
Michael Poloncic
Tools/resources to find current mortgage owed
Hey BP community! Are there resources available to the general public to find out if a seller has a current mortgage payment and how much remains in the principle? If so, what tools are there? If not are there other a...
Reyna V Ayala
Loans and llcs
Hi I want to purchase a 2 unit in Chicago but don't know I'd a conventional 97 loan will work if I put the house under an LLC at purchase.