Douglas Gratz
I need some opinions on this refi?
Hello friends, I hope you are all healthy in these trying times.So I have a refi and I know a lot of this is subjective , but I am wondering what you would do in my shoes.Here are the factsAll in for 102,000Appraised ...
Wen Guo
Bank account got frozen and cannot pay rent?!
Dear BP people I'll need your help on this-
I just purchased a rental, the tenant came with it. He works in hospital as nurse and seems to be a nice guy, he does has a bankruptcy history (home got foreclosed a few yea...
Andres M.
No loan under 100k because of safe harbor guidelines? Need advice
I called a conventional lender to get pre-approved for a loan for an investment property (in OH). The asking price for the property I had in mind was $70k with a 25% down payment of $17,500 which means the loan amoun...
Kyle Richter
70/30 purchase
I've been working to purchase a forclosure. I've had good sucess with the bank that owns the 30% loan...I can buy that loan for a good deal...If I do that...do I own anything? I haven't got the bank that owns the othe...
Darius Ogloza
Market for Unsecured Notes?
Total shot in the dark but is anyone aware of any buyers interested in nonperforming unsecured notes? I had my former tenant execute a promissory note for missed rent upon move out in exchange for withdrawing an evic...
Jason Mak
do you ever pit lenders against each other?
Just curious if anyone has any thoughts on pitting lenders against each other. I have a lender who keeps on asking me to give them the other lender's term sheet so they can "beat it". And I keep on telling him th...
Bruce Harding
Need Advice on an Investment Property that Is Not Working Out
I really could use some advice.
I went in halves with a Real Estate Agent on a rental property single home that she was going to rent out for Assisted Living.
I lent money based on a lien contract. Turns out it...
Jeff S.
Private Lending Direct LLC is a SCAM and I Own the Company
For years on this board I’ve written tirelessly about making sure you know who you are borrowing from. With the number of local real estate clubs, now well-attended by legitimate lenders, there’s no need to take a ch...
George Walker
Can anyone still get a 20% down loan on a 1-4 unit multifamily?
Hello,I am an investor in the Oklahoma City area. Does anyone know of any lenders that still do 20% down payments on mulifamily 1-4 unit rental properties? So far, everyone that I have talked to is asking for 25% d...
Lucas Bernard
ONE MORTGAGE (MA) - Need Help!
I'm looking to purchase a multi family house hack soon, and I've heard all about this One Mortgage that's subsidized by Massachusetts through MHP. Long story short, I've gotten lots of different information from lende...