Financing and Credit

So far me and my partner have found a rehab project while also looking at some wholesaling ones. For our rehab project we're going to need a HML. Any recommendation around the DC,VA,MD area? Thanks.

I have attended deals training program in July in Nashville,Tn. I have a property I am trying to buy and I need a proof of funds letter. When you sign up they ask for a code where can I get this code so I can get the proof of funds letter.

Thank You

so im meeting with a couple attorney tomorow. Im having them look over the contracts and we are gonna talk about our plans. i currently dont have an llc and i just read that an s-corp would be a better choice. im looking into working in other states too. What advice could you guys give me? can i start assigning contracts before having any llc or s-corp??? thank you in advance

I am in the process of trying to get a hard money loan to purchase a unit apartment building. My broker asked for a Exit Strategy Summary.Does anyone have a sample of this summary so I have something to build mine from? I have looked online and can only find templates for Executive Summary. My exit strategy is to Refinance

Hello DG Family,

Just caught this this morning in the New York Times--
There will be new changes to how credit is tracked. Its not jaw dropping but the things they now want to track is getting deep. It will affect many . See for yourself. Just goes to show how important it is to keep your credit report error free. Heres the NYT link

http://www.nytimes.com/2011/12/03/your-money/credit-scores/corelogics-ne...

I thought this would be a good article to read
Its by Jay Koch.

Owner Financing: Five Costly Mistakes to Avoid

1. Not getting a big enough down payment

Does anyone know the name of the loan based on cashflow of a rental property? Any help will do thanks.

Howdy,

I had a question about getting pre-approval from a bank. Decided I wanted to get a loan to cover my first house, my first call was to a broker that had a great deal of banks he can run me though in one credit pull.

I also checked into my own bank to pull a VA loan since there is no down payment or anything needed. My bank charges 250 dollars to get the process started.

250 right now would break me or atleast take a few months to get together, I wanted to know is it normal to have a fee when going though a process with a bank on getting a mortgage?

Also if i do go though a broker would it just be free to do and they take their cut once the house is bought as in part of the closing cost?

NEWS RELEASE
For Immediate Release
Contact:
Corinne Russell
(202) 414-6921
November 22, 2011
Stefanie Johnson
(202) 414-6376
Maximum Conforming Loan Limits to Remain Unchanged in All Counties But One in 2012

Does anybody know of any lenders that will refinance a loan with a higher LTV. In this economy a lot of house prices are either underwater or have minimal equity. I'm trying to assist a seller to refinance his current mortgage but unfortunately his LTV is very high. Do you know of any lenders that would do this, any suggestions?