Mike Landry
$200k down on $332k house denied fha loan. RMLO private loan???
We have our primary house for sale and under contract for $332,000. We just found out (10 days before closing date) the buyers where denied their fha loan even though they are putting down around $200,000. They are ...
Colby Fuller
Accidental land lord
Hi everyone, I became interested in real estate kind of by accident. My mother very unfortunately and unexpectedly past away in April of last year with a mortgage and a HILOC still on her house, the house I grew up i...
Christian Hall
How is Bay City, Michigan as a Market?
I’m considering investing in Bay City, Michigan. Are there any experienced investors or residents who know the town well? I’m trying to gather info on what areas to pursue/avoid. I’ve found tons of info online about S...
Eric Palmer
New dentist: balance between paying student loans & beginning REI
Good morning BP! First post, here’s my intro: I’m a new dentist finishing a 1 year residency training soon, the plan is to then work in a group private practice for 2-3 years then become a practice owner.One big quest...
David Leodore
Refi Lender Vetting (BRRRR)
Hi All,
I’ve been using the BRRRR strategy lately and would say that my most painful piece of the process is lender vetting.
I’ve primarily been using one specific company here are the pros and cons:
Pro:
The re...
Steven Libman
Investing with Purpose: Making a Positive Impact
What makes commercial real estate a better investment than the stock market
Investing in the stock market can be a great way to build wealth over time, but it also comes with risk. Losing money in the stock market ...
Andy Mirza
Geographical Preference for NPN's
For those of you that are buying pools of NPN's, which states do you prefer to buy in and why? Are there some states with difficult laws/regulations that are better to avoid?I assume that non-judicial FC states would ...
David Krulac
People are moving into and out of these states.....
according to United Van Lines:Biggest inbound states:ORSCNCVTFLNVTXDCOKIDBiggest Outbound states:NJNYILNDOHKSNMPACTMost balanced states with same in as out bound:RINHWYTNCAWAH0w does that affect your real estate inves...
Mike Healey
Income Requirements for Tenant Criteria
I am in the process of going through the tenant application/screening process for the first time. Currently I'm writing up some selection criteria and came across a question on income requirements. I went with the sta...
Account Closed
Mortgage for foreign national
Hi all,I’d like to know if there are any loan program for foreign nationals with 75LTV for both buy/rent and cash out refi.