Luca Hillers
5% Conventional Loans for Second Home/Investment Property?
My fiancé and I are looking to buy a second home to STR or a multi family property to begin renting out. Our credit and income are great, but our down payment is small relative to our area when considering having to p...
Chris Mackinlay
Dispute on Credit Report
Hello everyone.
Great forum here. I have been lurking for a while to soak up content while I get my personal financial house in order.
I need some help and thought this would be the place to ask. I'll stay short and...
Jerry Ferrell
Has anybody ever heard of Frank Walker? Says he is a private lender.
A guy named Frank Walker showed up in my Facebook messenger asking if I needed a loan to finance my deals. I said, not at the moment. He then asked me if I could text him my email address so he could send me his fund...
Account Closed
FHA 203K Renovation Loan - Questions
Hello BiggerPockets family!
I have a house under contract that I am using an FHA 203K loan to purchase. I am completely new to all of this and was hoping to get some advice from everyone here.
My first questions is...
Don Konipol
What is your targeted ROI?
What is your target for ROI (annual) on your passive real estate investments? On your investments which require a more active participation? How do you calculate it? I target 12% + on my passive real estate investmen...
Quinn Kiet
Were "kick backs" commonplace as anecdotes make th
Not talking about the YSP or Origination that's disclosed on the HUD, but just plain ol' fashion cash under the table or "gifts" on your front door type deals.
Blogs and forums make it sound like every top producin...
Sharon Smith
Newbie from Kernersville, NC
Hello Everyone
My name is Sharon. I currently reside in Kernersville, NC with my husband and son. I have been a business owner for 7 years now. I love to spend time with my family, read, research new opportunities on...
Karen Rubin
SBA Coronavirus EIDL
I went to the streamlined EIDL and I see it asks for not only EIN but also my ssn, date of birth, bank account number. Is anyone concerned that this system could be hacked and identity be stolen?Also - this is where ...
Account Closed
Annual Income Verification Required By the FDIC?
Letter from the bank today says that I must verify my income every year on my 1-4 Family Non-Owner Occupied Mortgage.They say this is a new change in the FDIC regulatory requirements.I can't find a dang thing about it...
Brian L.
Craigslist "send to state for investigation"
Hello everyone. I placed an ad on craigslist yesterday in Real Estate Services; its a simple add that states that I buy houses. There are no false claims, not asking for money or anything like that, just a simple s...