Brandon Vaughan
700 credit score cant get 10% down 2nd home loan?? need 740?
Hi, i am trying to purchase my first STR. I thought i had found a lender but after running the numbers, was told i need a better credit score. has anyone ells had this problem or found a lender that will do 10% down w...
Eli K.
NNN beginner question
Hello I have about 650k of equity in a home and I'm thinking of getting out and buying a NNN like a Starbucks or another strong tenant with a long lease term, my first question is can I put it as a down payment on a 2...
Account Closed
Using Jerry Norton's Proof of Funds Letter
Is it ethical to use a POF letter like this to give to a agent that is requesting it? If my intentions are to wholesale it? I recently submitted a cash offer to a agent for a MLS listed property and they accepted my o...
Jessica Petrone
Co-signing for child/ cannabis industry issue
I'm in a bit of a confusing spot. I want to help my son and his fiance get a mortgage but we would need to co-sign. They are young, still in college one more year with minimal income. They have been approved for a sin...
Jay Fayz
House hacking as a student
Hi all. I am very intested in house hacking and just want to get started. The question I have is can I get approved for the FHA 5% down? I am currently a student with some cash availbe and good credit score but no w2....
Steven Jones
Reducing Risk of Losing Appraisal Fees on Bank Loan Applications
Hello BP,
I'm looking to do a cashout finance for a duplex and single-family home. Both properties are owned through two separate LLCs. I was recently working with a bank that came very close to approving my loan but...
Dan Green
How do you lower Debt to Income Ratio if you have Depreciation?
Hey everyone. I'm running into a hurtle I was hoping someone could help me with.I'm using a broker/lender referred to me by my realtor. He's trying to get me a hard money loan, then I want to BRRRR the house. After su...
Chuck K
Selling home on my own - first time
I moved out several months ago and renovated the place completely, I had some neighbors and co-workers actually show interest and ask when I'm putting it on market. One said he'd like to buy it for his mother. The h...
Kyle Johnson
Reimbursing Tenant for Fixes
Okay. I got a call from my property management company the Monday of the week of Thanksgiving. Oven Door window cracked. Tenant needs it fixed ASAP so they can have Thanksgiving. PM sent guy to look at. They couldn't ...
Kenny Clark
Questions regarding Seller Financing
Hello Everyone!As the title states, I'm hoping for a bit of clarity when it comes to Seller Financing in Canada. I know there's options available to me, but I can't seem to find any information from a Canadian stand p...