17 July 2018 | 2 replies
The first bank we applied with and after tons of paper work the bank would not set a loan at that time .Letter was dated 5/28/18 from bank .
3 August 2018 | 9 replies
My current house is worth 370k and on paper I only owe 125K on it.
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25 July 2018 | 10 replies
If its not on paper it never happened.
14 August 2018 | 14 replies
If you need additional posting, you can post on zillow.com or put signs in the yard, advertise in the paper; pretty much anything!
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18 July 2018 | 1 reply
First you must file eviction papers.
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23 August 2018 | 7 replies
When I am seeking lenders that hold their own paper I (1) go to the local REIA and find out who partners and lends privately, but that will take some time building relationships (2) go to smaller more localized banks, not mortgage lenders or brokers as they by definition are selling their loans.I have also found that if you go to banks in smaller markets outside of the metro, where there is only one or two offices that you often deal directly with the bank president and can make some great loans and connections.And I just posted this on another question - but go to local REIA meetings, meetups and the like, talk to people, vendors and build relationships and you will be able to get some great referrals - just like here at BP, only live and face to face - I think there is even a live BP meeting in Waldo this week?
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22 August 2018 | 13 replies
Advertise well (don't be cheap, pay for top ad on Kijiji at least), do a comprehensive screening process, include a credit check (not a free one, pay for it) and ensure you're only renting to people who look really good on paper.
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29 July 2018 | 4 replies
I believe you can find someone willing to invest in you if the deal looks great on paper.10% would be a good number.Mine are different as I am lending the full amount (purchase and rehab).
23 July 2018 | 8 replies
I didn't think they liked to hold commercial paper for smaller rentals longer than 10 years or so.
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29 August 2018 | 9 replies
At closing you literally sign a paper that states you will live there for a year.If you're looking to flip, I would think that these type of loans wouldn't really be good for you anyway..