Jackson Malcolm
Chattanooga Lenders With No Seasoning Requirement
Hey BP,I recently completed the rehab and placed tenants for my first single family BRRR deal in Chattanooga, TN. Now it is time to refinance!I have been hearing from lenders that it is a Fannie/Freddie requirement to...
Cameron Norfleet
Ethics & Discrimination…. A question of Right vs Right!!
Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...
Jeffrey A. Rose
Elapse time from purchase to rental
I’m just wondering what the average elapsed time from unit purchase to rental is for most fix and holds. I know it will depend on how much renovation takes place and the state of the rental market, but on average is...
Chad K.
Probate process
I was wondering does anyone know the usual time frame for a probate to be completed? And does it vary by state or mostly by county? Because while doing my research I often see the phrase " on or before the "certain da...
Michael Dunn
Most Likely to Qualify for? Help please
I am currently waiting to here back from my Lender / find out what I will be able to qualify for , but while waiting, I wanted to ask fellow B.P. members, what I'm likely to be approved for, in terms of Loan amount...
Account Closed
‘Crash’ hits home buyers not investors. Am I right?
There is a lot of hype in the BP forums about the devastating effects the impending ‘crash’. It seems that this crash will have a negative impact on home buyers, but not investors. Do we really need to be freaking out?
Account Closed
How do you read Public Auction Foreclosure addresses (plat, lot, etc)?
So I took a trip to the courthouse today to check out the foreclosure list. Much to my surprise I see the addresses are not your standard:
Billy D Williams
555 La Tosta
blah, BL 55555
They read like this:
Lot 19 Bl...
Joe Ort
Creative ways to maximize return
I have a rental that is worth 80k, loan is around 57k, renting for 950/mo. Recently rehabbed so pretty low expectations of repairs in the near future.What ideas/methods would you use to maximize the return? It's ~12% ...
Brad Wood
Best approach to DMV realtor license?
BP community,I live in DC, own a duplex, and am planning to add to my portfolio. I have a full time job, so I'm looking for guidance on online or evening courses for the DMV real estate brokerage exams. Admittedly, I'...
Scott Anderson
HELOC and cashflow target
My financing is a 20% HELOC down and 80% conventional loan for 100% financing in AZ.Do I hope to cashflow based off this as-is or do I need to think more about cashflow when heloc is paid off? (2 years most likely).Lo...