Manuel Savorelli
Cashout-refi vs HELOC vs Home Equity Loan
Hey board,I'm reposting this thread from the General Area as I thought it would generate more traffic there, hence more responses but that wasn't the case. I currently own 2 properties, primary and rental. Both were...
Donn Neufeld
Underwriter Adjustment to Appraisal
Hi All,I'm Hoping for some clarity and understanding with my current refinance process.The underwriter at the mortgage company I am currently working with for a refinance has requested that the appraiser reduce GLA (G...
Joe Linares
Have you ever done seller financing when buying a property?
Have you ever done seller financing when buying a property? What were the terms? how did it work out for you? Do you have any recommendations for a first timer like me?
John Stomps
Debt Coverage Ratio mortgage loan
I have a lender offering me a DCR loan at 6.99% on a 40 year fixed rate. This is to do a cash out refinance on a single family home in Hilliard, OH (A very nice community in which to live and own real estate). Is th...
AARON CHOI
3day notice to remove pet
Hi everyone
I need your advice on this matter.
It is kind of complicated situation.
- i bought a 3unit property in Los Angeles
- we did not receive a copy of lease contract from the seller. Only received an estoppe...
Lakeitha Henry
Whats Brrr Strategy
Hi can anyone explain to me how the refi strategy works and has it helped you guys and how can I go by doing it ?
Dominic Ruegemer
Pre Foreclosure, Taking Over Financing,
Hey guys, I have the rights to buy a pre foreclosure (the sherif sale is on Wednesday). It’s located near Zimmerman Minnesota, just north of Minneapolis and St Paul by Elk River. It’s in a great neighborhood on two ac...
Mark Pijanowski
Investment Property in Germany (Military)
I'm currently in the process of purchasing my first unit. I'm stationed in Germany and from my limited experience I feel that I'm getting a hell of a deal. I'd like to connect with people that own units around milit...
David Siegel
Refinancing to get out of HML
It seems like hard money lenders want their upfront points, but then they want their money back ASAP. They're not especially interested in you sticking around on their note.This is apparent because their notes balloon...
Tom R.
My first investment property
Today I signed my final loan documents and paid my down payment and closing costs at my escrow company. I also did my final walk through and set up a savings and checking account for my first buy and hold. Closing is ...