Private Lender Disaster. What Happened
Success story: What to do when you pay your mortgage to a private party and when you go to pay them off they demand $20,000 more than you owe? This happened over the last week. My client bought a property (9 units) from a man who was the seller and was willing to...
Client refinances rental property and saves $500 per month
A client bought her rental property in 2005 and, as so many people experienced, saw the value of her 2 units go from 350k to 250k. So she was stuck at the 6.5% 30 year fixed. Now that values have increased, she was able to get an appraisal on her units for $330,000....
Read How this Couple Paid of $70k in debt with a Clever Refi
A couple is trying to refinance to drop their rate from 5% to 3.5% and pay off $70,000 in debt that they could barely sustain anymore. They had been given a loan modification in 2008 because she had to leave her job due to illness and had to file for bankruptcy in...