Couple things in mortgage news:
NPR ran a story this week about #veterans not getting the forbearance promises made and they are in foreclosure.
Eight days later the VA halted, stopped foreclosures for #VA loans unt...

Two months ago, I completed a REFI to lower my rate and increase cashflow. Within two weeks of closing, my lender sold the note to a large lender based in Florida which I’d never heard of. I was shocked to read ABYSM...

I have fully paid investment property which i am finishing to rehab. i am planning to either airbnb or long term rental on this house. i am looking for cash out refinance options on this house without my personal inco...

Hello BP, I bought a duplex and renovated it too to bottom and now have it rented. I am looking to cash out refi however my current mortgage servicer has high origination costs to do the refi. I found a local broker t...

Howdy folks,Greetings.  We're wrapping up our first multi-family BRRRR project and finalizing the cash-out refinance process now.  We're expecting to close next Monday and just received the closing disclosure statemen...

I recently purchased a 4-plex at $640K, with financing though a residential loan. It was appraised at $647.5K based on the gross monthly rent of $3500 multiplied by the Gross Rental Multiplier of 185. We recently adde...

I own a note in Memphis on an occupied rental property.   The borrower lives in a house across the street.   I believe he has family members living in the rental property.   The utilities are in the borrower's name.Wh...

I would like to arrive at CapRate for performing note investments.  Is it simply the annualized interest income of the borrower payment divided by the market value?  Please advise.Thanks,Ray

Hi there. The Service members Civil relief act states that for Service-members and their Spouses,  interest rates for mortgages are to be capped at 6%. Does anyone know if this applies to investment properties? If so,...

Hi,I'm new to the foreclosure game. I was hoping someone could shed some light on something I found while doing my DD on a property. The property deed was assigned 5 different times since 2015 to different lenders. It...