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Good Evening BP!I have come across this lender on the site and also been through their web page. Does anyone have any firsthand experience in working with them?Have you had any dealings with them, positive or negative?
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Hey all! I've got a chance to lend to someone for a rehab project. They would like to use a different property (a well performing STR) as the collateral due to the renovation project being a rental property that is o...
2017 GEORGIA + NATIONAL REAL ESTATE SALESPERSON EXAM QUESTIONSQ1. what is the interest used in a mortgage loan? Simple or Compound Interest?Q2. Can a seller transfer ownership/title of a property using metes and bound...
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i closed on a 4/2/2 rental yesterday. the house is in good condition, just needs a lot of cleaning up (the people had 3 big nasty dogs inside)and paint-n such. biggest expense will likely be new a/c unit. but overa...
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Hey guys, question about hard money quote, please advise:My quote for a loan of ~ $168,000, my first flip9.5% interest rate (I understand)Closing Costs- 1.5% Origination Fee (I understand)- $1,495 flat rate Processin...
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Hi guys,I am buying a turn key property and title company asking me if I want to purchase a owner title insurance.
I do understand what owner title insurance protecting you from, but isn't it a title's company job t...
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One of my clients owns a house in Indianapolis. A GC put a lien on the house and while the client is addressing the lien issue with the GC he wants to refinance and pull money out. Assuming paying off the lien is not...
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I'm looking at getting a rehab home with a ARV of 105,000. It is a REO and has been on the market since 4-19-2007. the asking price is 69,900. The home needs updating and there was a pool in the back that was fille...
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I'm purchasing a property in Cleveland Ohio, and my plan is as follows:
The landlord needs to get out of his loan for
his current non-income producing rental property.
Current Value: 64K
FHA Loan Payoff: 49K
Cosm...
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Hello people. Do you have any real life experiences or programs that helped you build credit quickly?