Emma Johnson
How can I tell if my lender is legit ?
Been working on getting a second mortgage on our home for the past 30 days with no closing date in site. Everything requested has been completed. Only “off” thing that happened was an email to our insurance rep asking...
Kirk Hause
Where do you get loans to buy properties?
I own one property free and clear. I have mortgages on two others. I cannot get a loan for another one. I buy low income property ($50,000 and under). Some companies will not give me a loan unless the property is ...
Trevor Lohman
Partnership question and use of debt
Hi BP,I have a quick question about partnerships,I know there is a lot of info on here about LLCs and partnerships, but I always walk away a little unclear after reading. The idea of pooling money with like minded peo...
Sean Elliott
Increasing cash flow using Equity Line of Credit
I'm in the process of acquiring a equity line of credit on my investment property. I am considering doing my own escrow and financing the entire property through the HELOC because the initial rate offer of 8.64% is hi...
Nick S.
how to put #'s together for seller financing options
i'm working to negotiate on a property from a friend (seller). the seller has been fairly set on their price, but they also are tired of sitting on a vacant property for the past 2 years due to lots of city violations...
Peyton From
How do I deal with insurance on a creative deal?
Hi all,Im looking for any insight on insurance in a sub to / seller finance deal.1. For sub to: Since I would be taking over title to the property, but the mortgage is still in the sellers name, how does the insurance...
Julie Asmussen
Moving Property into an LLC
Hi BP Family,I just setup my LLC and want to move my rental from my personal name into the LLC.The problem is two fold: 1) I have a 3% loan on it that I don't want to let go of 2) I have a heloc on this property.How d...
Donald DiBuono
Transferring a Property to an LLC
If I purchase a multi-family in my own name, with a mortgage, how can I transfer that property to an LLC? If I transfer the property to an LLC, will my mortgage be called due? How can I avoid that from happening?
Deb Wagner
Foreclosure, eviction
Hi,I need advice. I have lived at this property since 1990. My mom outright owned it. In 2003 she sold it to my now "X' boyfriend, the father of my son. The mortgage and deed were in his name only. She sold it to hi...
Jason Merchey
First Home Mortgage?
Anyone heard of or had any dealings with First Home Mortgage? Here is their blip on their site:
First Home Mortgage Corporation is a licensed, full-service mortgage lender, providing processing, underwriting...