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Thoughts on getting involved in a fractional Interest-only Notes, with low LTV. I've handled funding loans all by myself but might need to start participating with other lenders/investors. Are there in any pitfalls in...
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Hello BP community (especially mortgage folks),I recently ran into an issue when having my credit pulled by a mortgage broker. I’m seeing different credit scores on my monitoring services that the score the broker pul...
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I am looking to buy my first fourplex, out of state. I found one that appears to be a deal. Below, I'm going to break down the characteristics.1) It is in a smaller town, about 80,000 people, in a landlord-friendly st...
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Hello Everyone,
My sister and I recently inherited a paid off rental property that nets around 20k a year. This house is held within a living trust that my parents set up. All assets within the trust are supposed to...
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I listed my unit for rent. I repeatedly mentioned a 600 credit score. The prospect emails me back to tell me about their hardships. They mention family, health, they can pay upfront but how can I let them down? The cr...
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Was wondering if anyone had some informative, or even humorous, stories when it comes to making an initial offer or sales negotiations of a house?I am looking to place an offer of $200K on a multifamily house listed a...
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All,Well, I had an excellent discussion with my wife this weekend. She continues to surprise me and reaffirm the reasons we're married. I have been mulling over different strategies for shoring-up our retirement plan ...
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Hello Everyone! My name is Danny and I just joined the Forums, I've been listening to the Podcast for a while and just decided to join. Let me start off by asking a question. I am a part of a local BRRRR Academy, and ...
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So I Have a seller lined up but he wants to close in 10 days with no due diligence on the property does that mean I have t find a buyer have the look at it inspect and close in 10 days I am extremely new and this is m...
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How do you provide a Proof of Funds Letter when you intend to wholesale a property with a listing Agent? Which realtor (i.e. buy, sell, etc.) will most likely request the document? Some forums suggest requesting a POF...