A source for the banking sector said that lenders have given a significant number of borrowers forbearance to get through Covid shutdowns.But forbearance is ending. 
And borrowers will need to pay all the back paymen...

Has anyone used the new CARES act guidelines for 401k withdrawal? It’s my understanding if you qualify, the money withdrawn counts as taxable income but can be paid over the next 3 tax years and no 10% early withdraw...

In our experience, most of the states that we have loans & REOs in have gone back to normal operations for foreclosures & evictions.These are TX, TN, VA, NV, & WI.The exceptions are:California - courts hav...

I purchased a triplex AS IS with a FHA 203K loan in July with the intention of house hacking it, then disaster hit.My numbers are the following:202,000 Purchase price.107,000 Construction budget (left).340,000 ARVLast...

Hey all,

I've been going through the forum trying to figure out a few options around my mother's current mortgage situation. Was hoping you guys could shed some wisdom and experience on this. To note, I will be dis...

Hello BP - Happy Holidays

Man does it feel great to be posting! I'm seeking some help with crunching the numbers on a potential BRRRR property.

My main question is around the financing for the purchase of the proper...

Recently I've had multiple conversations with new investors who are tempted to purchase homes that would be financial disasters simply because they are having a hard time finding decent cash-flow opportunities.The pro...

I have been working with a couple who is moving up from NYC to Syracuse. They came up to visit the place a few days ago. Their mother has agreed to guarantee the rent and has already sent me a bank check with security...

Hello All-I am interested in applying for the Florida Mortgage Servicer License. According to statute 494.00721, the company must maintain a net worth requirement of $250k in order to originate and service the debt on...

Maybe proud isn't the right word, but I read a ton of advice in these forums every day, and I pick up a new clause here and there on a pretty regular basis. Of course, proper screening makes these clauses less necessa...