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SBA EIDL Loan went through!! Unlock credit files to verify ident
I applied for an SBA EIDL loan almost immediately after they announced it. A few days ago I got a note saying they still have my app and sit tight. I got a 2nd email yesterday saying they were going to process it, and...
India H.
Newbie getting first rental with creative financing
Hi all! I used to be very active here on BP in 2017 and was going to purchase my first rental property. However, I got analysis-of-paralysis like many newbies and now fast forward to 2023 and I still haven't invested ...
Akshay Bhaskaran
Need advice on creative financing
Current situation: I live in Austin, TX and have an investment property in Atlanta, and almost closing on my second one. Both are $250K, and I'd to put 25% down which is $62K for each. Problem: Though I'm almost proce...
Bob Malecki
Suggestions needed to get performing borrower to pay late fees?
We purchased a first position NPL on a single family home in Charlotte NC a few years ago and did a loan mod with the borrower. He was paying consistently until last Spring where he missed 2 months of payments then st...
Austin Hanse
Will I still have access to FHA Loan Financing?
I had a question on financing for my first couple deals. My goal is to buy and live in a 4 family building. I'd also like to buy a second 4 family in addition to the one I'm looking to live in. This one would be consi...
Brenden Mitchum
House Hacking: Creating a Vacancy
Hello BP! I am new here and to real estate investing. My plan to get started is house-hacking with an FHA loan. However, there is one aspect of the concept I am unsure about. How exactly do you create that vacancy to ...
Victor A jimenez
Commercial Purchasing Vs Residential Purchasing
Hi everyone, I would like to know the difference between this two transactions if any. I've tried searching the web for help but I seem to only get criteria for choosing a commercial building to purchase, instead of t...
Michael Gayer Jr
Are Contract for Deed deals allowed in Hawaii?
Aloha Hawaii Property Investors,Are Contract for Deed deals allowed in Hawaii?Can you tell me your perspective on Contract for Deed deals?Thank you in advance,Mike
Fred Borek
Looking to rap a bit with a Subto Guru. I have a few questions, etc
Starter questions are: what kinds of things can cause the bank to invoke the due on sale clause. If the funding has been coming from one source (the original owner) and then it starts getting drawn from your account w...
Evelyn Castillo
Should I be an investor
Hey BP! I was wondering what your thoughts are on becoming a real state agent? I am wanting to pursue it for 1. To gain experience in the world of real estate and to get my feet wet if you will. I am very new to this,...