Archive for October, 2008
How do I sell my rental properties by creating mortgages?
sullygromo asked: I have 20 rental properties that I would like to sell. They all have mortgages on them. How can I create mortgages for my buyers to try to sell tham and still njoy a monthly cashflow?
How to get more than 10 mortgages on investment properties?
M5 asked: We own 10 investments properties and have 10 mortgages (with Bank of America) on each one. The bank is saying that they can do only 10 mortgages per person. How or where can we go over that limit, with reasonable rates and closing cost. Thanks for looking.
What types of loans are out thier for first time home owenrs with good credit?
JJ asked: What types of loans are out thier for first time home owenrs with good credit? The place that I want to buy is about $185 can I still get a zero down loan? If not what is the next best thing?
How can I negotiate a loan modification with my lender what tips or tricks can I use?
BDZ asked: I have an ARM. I cannot refinance. How can I go about negotiating a loan modification with my lender. I don't want to be just a name and account number. I can meet the existing payments and to date have not fallen behind. If they raise the interest rate any further then that will be the tipping point. Are there organizations out there [...]
Why are people stupid enough to have ARM mortgages? Why do they expect responsible people to bail them out?
Most of the people in trouble on their mortgages are irresponsible fools who should have saved up a large down payment and then borrowed on a fixed rate. Why do Americans have such an entitlement mentality that they have a right to buy a house that they cannot afford? Folk desperately want to own a home of their own. They will do whatever they [...]
