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Results (10000)
Jeremy Pratt 30 year fixed mortgage for 6 unit rental in Colorado? Possible?
1 September 2020 | 2 replies

Hello All,My parents are currently working through their first 1031 exchange and have run into a brick wall of 4-plex or less.  My question: are there any lenders that will write a mortgage for a 6 unit rental propert...

Bob Mane HELOC for paid off house VS Get Mortgage for second home
2 September 2020 | 4 replies

I am looking to buy a second home that will be used to help out some family members. As long as I gain equity long term in the property I am fine with that. I have checked out various sites and know the basic differen...

Account Closed LLC or S-Corp Blanket Mortgage to circumvent ten property rule
4 September 2012 | 4 replies

I currently own 13 single family properties in Columbus Ohio recently appraised at 1.1 million. I have just under 500 K in mortgages. I have exhausted the yellow pages and am searching for this product. Fannie Mae ...

DuRon Netsell QE3... Fed to buy $40 million worth of mortgages per month
13 September 2012 | 2 replies

I was just curious as to what everyone's reaction to the news this morning that the fed will provide another stimulus by buying $40 billion of mortgage backed securites each month. The article can be found [http://www...

Sean Dezoysa Would you pay off a 2nd mortgage on subject to deal?
27 March 2013 | 4 replies

Hey guys; when you take a deal subject to, do you offer to pay the 2nd also? Most 2nd are taken to finance personal expenses (cars, vacations etc) so I'm thinking of offering to pay only the 1st, but I'd like to hear ...

Account Closed I own a second mortgage that isn't paying, what to do?
21 October 2013 | 55 replies

A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...

Mark Hu Where to find best info on latest so cal mortgage rates?
10 September 2013 | 2 replies

I can check daily on bloomberg.com for mortgage rates, but I believe these are national averages. Where can I find info on the most up to date mortgage interest rates for my local area in Southern California (more ...

Burt L. What is the Wholesaler's Liability When Selling On a Mortgage Wrap?
18 September 2013 | 1 reply

I am wholesaling a property in foreclosure that has a short time until the Public Trustee sale.

I have contracted the property to take over the payments, but that the seller is not released from liability on ...

Mike Cartwright How To Get A Mortgage With More Than 4 Properties Financed
24 October 2012 | 8 replies

I am running into this issue now. I know Fannie Mae now allows investors to purchase 5-10 rental properties but with 25% down and requiring a 6 month reserve on all financed properties. I don't meet all those requirem...

Ted Schmidt Paradigm shift in mortgage lending opens opportunities for rent to own.
10 April 2014 | 1 reply

A fundamental change in the way mortgages are regulated took affect earlier this year. Provisions of the Dodd Frank Law created the ATR (Ability To Repay) rule and QM (Qualified Mortgage) safe harbor. If the lo...