Hi. My HELOC is currently in underwriting and the Underwriter is asking for a letter of explanation for an investment property that was foreclosed 7 years ago. How should I explain it?
Hello, would love to talk to anyone with experience on the investor side of PPM's. I'm currently looking at a deal, and making sure it's the right fit . I have 0 experience with PPM's and this is the first deal I woul...
All-Our rental property is located in Sanford, NC. We had been using a property manager for the last 2 years and have decided that we want to do it ourselves. Our tenants' security deposit has been turned over to us. ...
Hi All,I've looked around online, but I'm still not sure I understand the difference between tax delinquency and default. It seems like default is more serious than delinquency. Can someone please explain the differen...
Can somone explain the lease option to me. I read a few books and I have some questions. I hope i can explain them.
1.If you find a tenant to lease option a home for $100,000 with a $4,000 nonrefundable fee and the m...
Hello,We are moving towards targeting MTR strategy and wondering if the landlord forms that are available to download on BP are applicable for that or are they more for LTR strategy? If not, do we need to hire a lawye...
Here's an article that sums up the limits and requirements for those of us still willing to offer seller financing to owner occupant buyers. Note that it is possible to do at least one deal a year with no MLO requi...
Hi, Can someone please explain if there are any benefits to getting a mortgage with the same bank as the sellers mortgage company?
Hey, guys!Could someone explain to me what's up with 44111 zip area? I mean, it's so different from street to street, right? Where are b, c, d areas? I'm trying to find a nice buy and hold property in this area, maybe...