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I finally got an accepted offer on a home and had a preapproval on a VA loan but found out today that my score is one point below the minimum. Can’t believe this happened.
They suggested i make a payment on one of m...
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Hey all. I am new to BP and MN. Moved here from CA 3 years ago for work and have been looking to get into real estate investing. I've been doing lots of research and was thinking that the best way would be to get a HE...
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Good afternoon everyone! I have a potential tenant who applied a couple of days ago. She is a 50 or so years old who would afford a 100% or the rent , she has indicated in her application that her daughter (30ish) a...
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I bought my first rental property 3 years ago and it is doing well. Then I bought my second and it became unmanagble. Paid 29 thousand and then lost my shirt in the rehab. Ruined my credit. Now I just want to sell tha...
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Hi Guys, Could you please give me some ideas how i can get some financing. I have a free and clear property located in NJ under IL LLC. I would like to get some financing available to do two short sales cash deals. My...
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Hey BP I am very happy to talk with you all again. Over the past months I have been gaining as much knowledge as I can to better equip myself for the coming year when I will truly start my "wild adventure in the Jungl...
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I'm new to RE and just learned about the 12 nonrecourse states. Couple of questions:- if a borrower defaults in a nonrecourse state, will an LLC protect them from a big hit to their personal credit?- are DSCR loans in...
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We recently sold our second house and consolidated to one place. Looking to borrow against the equity to do some investing but having issues with a few lenders because they seem to only want perfect credit, which I...
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The HECM is for the senior market, age 62+. I am an agent with a very large carrier (think about Marlin Perkins from Wild Kingdom :) and this FHA insured loan is the only loan for which I originate. Many seniors, 62...
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Hey BP, I was wondering have any of you started out with no income but I have some money for marketing. I just finished my last season as a college football player and am ready to get into real estate. In 2017 I will ...