I am interested in finding a private mortgage. There is a short sale property I am interested in and would like to borrow 130,000 for purchase and renovation. I am in the construction trade and the cost of all th...
I am personally trying to obtain financing for a primary home. We have good down payment, decent credit, great job but can't get financing through traditional means due to a short sale on some investment land that ...
The private mortgage (non-qm) industry is fairly new. Because of this, many investors don't know the benefits or the ins and outs of the industry.Feel free to ask about qualifications, terms, or anything else you migh...
I talked to a broker this morning that says she doesn't go through the banks and goes straight to Fannie and Freddie. She says she can get me a 5.125% mortgage for an investment property and if I pay $600 for one poi...
I'm looking to stay in this house a while and I'm just wondering is it worth paying 15k to 25k down on a loan if the PMI will be like 80 to 100 a month? Sorry if the question is in the wrong place.
Is this the same as a hard money lender? and if no what is the difference?I'm new to real estate and i'm looking at all my options to do my first deal. If you could help me understand how "Private Mortgage Companies" ...
Any tips from the community on raising capital for private mortgages? I have the supply (borrowers) but I’m looking to raise money to fund those mortgages. I’m able to offer 7% annually guaranteed, and each mortgage w...
If I have an investor willing to hold the note on a rental property, is it possible to have it reported to the credit bureaus? I'd like to use it to build credit for future investing.
Also, how would we go about maki...
Hi all:I'm a first-time home buyer in the market for a small multifamily . Ive been looking into using the FHA loan, or something similar in order to take advantage of the low down payment. However, years of paying P...
On one of our recent flips we were hit with a new requirement. The lender stated that the PMI compnay required 6 months seasoning of title before they will insure the mortgage. Has any one else seen this? The mort...