covenantglobal asked:


I own 18 rental homes which totals 32 mortgages. My mid range credit score is 719. What is my best strategy to I can continue to acquire property??? My stated goal is 1 – 2 homes per month but get concerned with mortgage companies worrying about how many home I own.

Aaron W asked:


I own the house I live in (a small part of it), a condo I rent out, and I’m looking to expand. I have excellent credit, money to make a 20% down payment, and I’m looking at buying a relatively cheap pre-forclosure house. I’m getting high monthly payments estimates from mortgage companies. I’d make next to no profits. How do people afford to buy and make money off of investment properties? Is there secret funding somewhere?

Nick asked:


My great grandmother is 80 and has quite a bit of credit card and medical debt but not much income. She owns her house outright, and compared to other options, a reverse mortgage seems to be the best option. It would make her life a lot less stressful. She realizes that if it isn’t paid back, her children won’t inherit the house. Anyways, what are some reputable reverse mortgage companies? How long should it take to process loan requests? How long (from the time of the intitial request) does it take to sign on the dotted line and get the money? She gets tired of creditors calling all the time not understanding that there is no money to give them.

Dom asked:


I am looking for a thoughtful analysis on what is the best few mortgage companies out there right now. I invest and I see that everything has fallen pretty badly. So based on your research, tell me why you believe that the stock is in good shape.

I better not hear, “Because it can’t go any lower”, “because I looked at the chart” or because Cramer said it is good.

What are your picks?

my brain hurts asked:


Do the 2 companies duke it out? Or does the former homeowner have to strike a deal with the company that held the second mortgage?

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mschoen123 asked:


I am interested in selling mortgage “trigger” leads and “call center” leads to mortgage companies and businesses. I know a little about both, but am having a hard time locating sellers of such lists/leads for the New England region.

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Mscandia68 asked:


I have a good credit score (720) and a decent down payment (20 %) but I have only been at my job 6 months, and I don’t work there in the summer. I will have to find seasonal summer work and I know that usually doesn’t count in the calculation. I plan to have a roommate to help me make the payments. Are there any reputable mortgage companies that still offer a no-doc loan based on good credit?

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Yahoo! Answers Law Enforcement asked:


Wouldn’t those companies make more money if they allowed everyone to keep their house and just lower their payment to something more affordable? Not only would they still be getting some money it would help the mortgage crisis. Correct me if i’m wrong.

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Dom asked:


I am looking for a thoughtful analysis on what is the best few mortgage companies out there right now. I invest and I see that everything has fallen pretty badly. So based on your research, tell me why you believe that the stock is in good shape.

I better not hear, “Because it can’t go any lower”, “because I looked at the chart” or because Cramer said it is good.

What are your picks?

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shaws2007 asked:


I want to get back into the mortgage industry any good companies to start for? Any suggestions on how to get good mortgage leads or to get clients to do home loans for?

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