Real Estate News & Current Events Forum - BiggerPockets
Nov 19, 2024 · The BiggerPockets Forums are the most active & comprehensive place for investors to find questions & answers or real estate discussions.
Lenders & Mortgage Brokers Forum | BiggerPockets
Nov 28, 2024 · Real Estate News & Current Events. Real Estate Technology ... Tax Liens & Mortgage Notes. Medium-Term ...
Getting a second mortgage on an assumable loan to cover
Dec 5, 2024 · However, The seller has a high equity build up into the property of about 300k. So if we were to assume the loan, we need to take a second mortgage to cover the equity portion of the loan. I am trying to find lenders who can do this as not all lenders are willing to do a second mortgage. if anyone has successfully obtained a second mortgage.
Investor-Friendly Lenders in Illinois - BiggerPockets
Dec 17, 2024 · Discover top investor-friendly Lenders in Illinois who specialize in helping investors succeed. Access expert resources on building your investing team, navigating the market, and matching with businesses skilled in real estate investment strategies. Perfect for maximizing returns and finding the right fit!
Selling Investment Property to Pay Down Primary Mortgage
Dec 1, 2024 · I am considering selling the first property next year (which has about $200K in equity) to do a mortgage recast on the primary and get my payment to something more reasonable. I am hesitant because the first property is located where all the Olympics and World Cup activity will be in the coming years and the interest rate is so fantastic.
Second Mortgage: What It Is & How It Works - BiggerPockets
Aug 27, 2023 · Piggyback loans, also known as 80-10-10 or 80-15-5 loans, involve taking out a second mortgage alongside your primary mortgage, allowing you to avoid paying private mortgage insurance (PMI). The primary mortgage covers most of the property’s purchase price (typically 80%), while the second mortgage covers a smaller portion (e.g., 10% or 15%).
Real Estate Investing Forums, Tips & Advice | BiggerPockets
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HUGE MORTGAGE FRAUD RING - Atlanta 2023-2024
Nov 22, 2024 · -Jeff Deville - Lender Broker with Will Platt and Bryon Ellis (definitely aware, I have directly informed him of the fraud these guys are/have committed yet he still continues to work with them to push loans through, so unsure of his actual role or knowledge or the lack there of with the rest of this mortgage fraud group)-More names coming...
Join Over 3 Million Real Estate Investors - BiggerPockets
Dec 18, 2024 · “DSCR Loans are mortgage loans secured by residential real estate turnkey properties strictly used for a business purpose and underwritten primarily based on the property.” 👀📺Watch the rest of the video to find out all the basics of …
Banks vs. Private Money Lending: What's the Difference?
Nov 20, 2024 · Real Estate News & Current Events ... Private Lending & Conventional Mortgage Advice. Insurance. Tax ...