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I'm trying to refinance my primary residence. But Freddie Mac doesn't want to count the income I make from my short term rentals and so the underwriters are refusing to refinance my home. Is there a way to refinance w...
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Hello BP,My parents have agreed to sell me their house. The value of the home is $125,000 and they owe $35,000. This will be an investment property, it’s located in NJ. I tried to do a “Gift Of Equity” loan but the le...
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I’m interested to find out the process of how new investors find great lenders who are willing to do financing and cash out refinancing on rental properties. Many regular “big banks” are very hesitant to do it. Being ...
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I read an article this morning about the recent inventory changes in my local Houston area. Just wondering if this is an important stat to pay attention to and if there are investors that use it regularly to help in d...
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Hello all BPers!I would like to know if you can share your criteria for income when there are co-tenants? Do you assume each one will need to have ability to pay all the rent, but then the reason they have a co-tenanc...
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I'm in a small population of around 15,000 in Nebraska and have only heard of one other person wholesaling real estate in my area. The response was not positive to say the least, and lead off by saying the county offi...
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I applied online for a refi loan against my rental house ( i do not owe anything), but the application asked for a closing date. Do i need to be in contract in order to get a refi loan? i just wanted the money so i ...
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Hello fellow bigger pockets bloggers. I bought my first cash flow investment property in october of 2014 and it has been performing well. I have been looking to close more homes since. I have been going through an ...
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Hello All,My name is Phil, a real estate investor in the Chicago/Central Illinois area. I am relatively new to BP but have already learned a ton from the forums and podcasts. I am considering purchasing a condo in cen...
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I have sold 1031 and am now looking for replacement properties for the next 45 days. I usually buy properties from wholesalers or directly at foreclosure auctions. A few questions. If I buy at a foreclosure auctio...