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Recent Forum Activity

  • Proof of Funds POF Flip
    Replied December 13, 2010
    We have heard scattered reports that some asset managers are pushing back on POF letters from transactional lenders. But, since we verbally verify POF letters, we haven't had a... See more
    Reply 13 replies
  • Double Escrows
    Replied November 15, 2010
    Assigning the contract is a great option. If you are buying the property as a short sale ro REO, you will want to make sure that the bank will allow the contract to be assigned... See more
    Reply 4 replies
  • Tempo Funding?
    Replied November 15, 2010
    There are very few good, national transactional lenders. And there are a ton of small lenders who leave their borrowers hanging at the closing table. So, its good be cautious.... See more
    Reply 4 replies

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