Jay Choi
Lowering DTI through novation contract.
This is really for the experts. Let me know if this can be done. my end goal in asking this question is to lower my DTI exposure. my family currently have about three conventional mortgage and we are looking to pur...
Scott Scharl
Advice on Legally Advertising Private Debt Opportunity
Question: How widely can I legally advertise a private debt opportunity?Recently, via the BP Marketplace, I've connected with a number of investors interested in my company's 10% private loan program. Now I'd like to ...
Lacee Beitler
Student loan consolidation
Hi everyone!
For the investors out there stuck with some serious college student loans... Did you consolidate? If so, how and through who? My loan(s) are constantly being "sold" and my variable interest is outrageou...
Chad McIver
Need help structuring a subject to deal.
My plan is to buy a house subject-to, by doing a Quit Claim, and taking over existing mortgage payments.The seller is wanting to purchase another home ASAP, and needs the loan im taking over to be off their DTI, other...
Nathan Waters
Portfolio lending
What are typical portfolio loan rates compared to conventional mortgages? Do they usually come in 30 year fixed like traditional? or are they more similar to commercial loans with 5 year balloon payments? My specific ...
Mark Spritz
Income checks in Fanny and Freddie. Why, all have to hit?
So, if we were to use a traditional mortgage route to buy a Rental Property, the underwriter will have to check you income from job, others, as well as credit, amount of money you have and also any assets. Each one of...
Vladimir Patic
401k Loan as downpayment
I have read somewhere that if money from 401k is used to purchase an investment property that income from that property would be tax free. Is this accurate or not?
Chand P.
How to lend huge amount to a friend?
Hi,This is my first post here and please be easy on me.One of my friend need money for his business activity and none of the professional bankers won't lend him money due to his tax filing situation, loan to debt rati...
Ron Lamb
Wraparound mortgage on VA Loan
I have a neighbor with a VA loan that’s about to PCS (permanent change stations) if I do a wraparound mortgage will he be able to retain his VA loan entitlement and get another property ? Will the wrap free up the VA...
Joseph Weisenbloom
Financing strategy: conventional or portfolio
Guys I just closed on my 4th conventional loan. I understand I can get conventional financing up to 10 loans. I have also been offered portfolio lending which appeals to me because the lack of seasoning period. My pla...