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tax consequences for deed in lieu
I have a friend who is asking me about deed in liew of foreclosure... everything i have read states that some lenders reject these and if they do accept them there are tax consequences in the difference owed - similar...
Thao Kieu
Being rejected by lender
Have you ever being told by lender that you have high debt ratio so you not qualify for another mortgage? The feeling being rejected is not fun & that is how I feel right now.I have one single home in DE currently...
Claude Calixte
Looking For Financing Guidance in PA
Good morning team -
I been diving into this new world of the Bearded Tall Man Brandon.. Lol
I Really like his style and what he has made me look into... Passive Income...
I have always been a numbers man working...
Lindsey Iskierka
Lender Rejection on an Investment Property in MN
So my husband and I are "house hacking" currently by owning a triplex in Long Beach, CA; we live in one unit and rent out the other two. We've been looking for deals out of state in Duluth, MN near the University and...
Aisha Young
Looking for other US expats investing in US real estate
Hey all,
I am brand new to the community, so nice to meet you all.I am currently living in Australia with my partner, and bought our first house here a few months back. The property is for capital growth, but it seem...
Herm M.
Getting a "cash only" purchase approved by short sale lender, but being denied the usage of hard money???
If I offered "all cash" on a short sale and got it approved... will the short sale lender have an issue with me using hard money as part of my funds? Why would they? I've closed short sales before and haven't had this...
Anuj Sharma
Old News - But not every lender know about financing limit went up from 4 max to 10
Hi Guys,Someone asked me a question and I thought I should share a very old news. Surprising part is one of my broker also did not know that and he/she rejected me last year because of his lack of knowledge. Good par...
Kent Verge
Learning to deal with rejection
Is the fear of rejection is keeping you from moving forward? Do you let your phone go to voicemail versus answering calls from your yellow letters?Have you given up calling lenders because they keep saying "no?"Are yo...
Jason A.
FHA OO mortgage - appraisal timing
Hi all, I am working to purchase a property and found that an OO FHA mortgage best suits my needs. I have an accepted offer on a multi but have run into a snag … one of the tenants is delayed in moving out of the unit...
Ryan Judkins
How get loan for lower priced properties?
I have two homes in Missouri that I made offers on for $63k and $77k (paying 25% down on each). Then our loan officer said the underwriters rejected them. She explained they are lower priced homes so they have a har...