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Results (10,000+)
Corey Dutton Low Down Payment Requirements of FHA Loans Triggers Criticism
11 April 2015 | 10 replies
I'm not sure you are considering factors such as, off the top of my head: 1) unlike the have-a-pulse-get-a-loan scenarios of yesterday, they are required to have proper debt-to-income ratios and meet reserve requirements so as long as they don't lose their job for an extended period, they've proven they can afford the payment; 2) even in a down market, they will have to live somewhere, so unless rents are much cheaper, which is unlikely, it makes more sense to not ruin their credit, keep paying and stay where they are, especially if they've improved the property at all; 3) these loans are much more likely to be 30-year-fixed, not the ARMs of yesterday that adjusted up to a surprisingly unreasonable payment (many didn't understand what they signed up for until, Wham, the payment doubled on them, so they had to walk); 4) they pay MIP, upfront and monthly, so there is some protection for the lender if they do default.Many of these people would be stuck paying much higher rents, building others' equity instead of building their own, without FHA loans.  
Michael L. Servicing fees and actual returns
12 April 2015 | 8 replies
I'm pretty sure I was the only guy in the country that offered loan servicing with a guarantee to purchase at a stated price in the event of default and advanced payments to the note holder, then collected amounts due.
Scott Trench Did you quit your job? We wanna brag about you!
6 November 2015 | 48 replies
I plan to spend extended periods of time stationary in some countries to learn foreign languages, vagabonding through other countries, with stints in the USA for fly fishing road trips and visits with friends and family.
Ed B. Question about Purchase offer in Texas
11 April 2015 | 15 replies
The agent says most people pay $25-100, which is supposedly "compensation" to the seller for removing the property from the market during the inspection period.
Elijah Kerns House Hacking. Good or bad idea?
11 May 2016 | 10 replies
She tells me keep them out of the basement, have the parents guarantee she has someone clean the common areas twice a month.
Account Closed Seller's Agreement - Buyer Defaults
10 May 2016 | 0 replies
I'm not going to be the victim, and if the shoes were on the other foot, I guarantee they'd be after me like nothing else.
Daniel Cuevas Yellow Letters
14 July 2016 | 9 replies
I think every 6 to 8 weeks is a good mailing interval for at least a 6 month period.  
Amaf J. Demographic for sellers?
12 May 2016 | 2 replies
But I've heard these can be very lucrative.You need to mail multiple times (most say 5-7 "touches" per list over a period of time) to be able to generate the response rates you're looking for.I usually send a postcard first, see what return/undeliverable mail I get back, scrub those names, and my 2nd mail piece is a letter.
Adrian Reyes Tax Issue
11 May 2016 | 2 replies
Hey everybody,Ok so my father-in-law just purchased a house from is brother for 35k, but his brother is backed on taxes about 2 years, from what I've been told by my fiancé I guess they signed a purchase contract where the occupants have a 3 month period to move out that they have agreed on if not my father-in-law would have the right to get his money back.
Huy N. Mini Syndication the story so far
13 May 2016 | 5 replies
I can almost guarantee you that no syndicator on earth will do this kind of deal - But i am the exeption.What's more important than money?