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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.
How To Get A Mortgage As A Low-Income Borrower - BiggerPockets
Mar 27, 2023 · A VA mortgage is an excellent option if you or a family member are veterans or on active duty. The loans provide an affordable alternative to buying a home with low monthly mortgage payments. USDA mortgages. The United States Department of Agriculture (USDA) has loan assistance programs for families living in rural and some suburban areas.
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%).
Join Over 3 Million Real Estate Investors - BiggerPockets
Dec 17, 2024 · Is Private Lending Right for You? Private lending is an excellent option for real estate investors who need fast access to capital, are pursuing non-traditional projects, or have less-than-perfect credit.
Has anyone got mortgage through America Mortgages?
Dec 16, 2024 · Real Estate News & Current Events Pro Exclusive Area PRO. Events & Networking ... Mortgage Brokers & Lenders
Banks vs. Private Money Lending: What's the Difference?
Nov 20, 2024 · Real Estate News & Current Events ... Private Lending & Conventional Mortgage Advice. Insurance. Tax ...