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Flagstar Loan COVID Forbearance Options - BiggerPockets Hi all, Just wanted to post a quick re-cap of the options that were laid out for me during my recent phone call with Flagstar Loans Put my duplex into forbearance at start of COVID and as I am gearing up to move out of forbearance I wanted to assess my options I spoke with four different representatives and received four different responses The first agent told me I had three options pay
Flagstar Bank requiring personal banking accountFlagstar Bank requiring . . . This is a new one for us We received a notice from Flagstar stating that starting in January 2021 they will no longer be accepting mortgage payments from business accounts We set up business accounts for each of our properties (this is the only one with Flagstar) The mortgage is a conventional primary residence for our 4 plex that we house hack It seems ridiculous to us that a bank would
How much will my bank lend me? - BiggerPockets For example, I've used several banks for loans: Flagstar Bank, All Western Mortgage (a broker), PenFed Credit Union (HELOC), NewRez and probably a couple others I'm forgetting None of which I never actually met in person But are you saying to find a local bank branch and physically go in and develop a personal relationship with a banker?
I Traded My Rentals for “Passive” Real Estate (Worth It?) That’s your real estate piggy bank I remember he walked me this on my house hack I bought, which was actually I bought for 0% down So it’s actually getting an infinite return, which was really cool to brag to my friends Really cool to talk on a Dave: Podcast Yes, you should brag to your friends about that That’s awesome Chris:
What Belongs in Your Net Worth (and What Doesnt) | Blog Assets Included in Investable Net Worth Bank Accounts This one is obvious, so let’s get it out of the way All the funds in your checking account, savings accounts, certificate of deposit (CD) accounts, and money market accounts all count toward your investable net worth These are the most liquid of your assets