Yvette M.
pre-screening questions
Anything else to add to my screening questions?---------------------------------What interested you about the property?Why are you moving?Tentative move-in date?Monthly income?Do you have first month’s rent and securi...
Dan Wallace
Payroll Protection Program (PPP) Loan Forgiveness
As a part of the $2 Trillion CARES Act, the SBA is authorized to lend $349B to small businesses impacted by the COVID-19 economic impact.The primary program for small businesses through the CARES Act will be the Payro...
Christian B.
I got laid off due to Covid19, will this affect getting FHA loan?
Hi, I am a newbie who planned to get started in real estate this year; I wanted to start with an FHA loan so I can house hack. This summer I would have been employed for 2 consecutive years. As I understand it you n...
Zack Thiesen
Relocating and Financing
I've found an area I'm going to pursue a few states away and am moving there in mid-May. I searched the forums and found similar discussions about relocating and subsequently getting bank relationships back up to spee...
Adam Melon
Laid off due to Covid and Financing
Hello All!
So here's my situation: I'm under contract for a triplex (my first property!), but I am worried about having been laid off during Covid (April 2020-August 2020). I'm an accountant and have more than 2 yea...
Anish Joseph
Tax Strategies Book - Self Directed Investing Using 401k
I'm reading "Tax Strategies for the Savvy Real Estate Investor" now and the authors mention using a self directed 401k to invest in properties. All this makes sense except the example they use illustrates the point by...
Jake Newsom
Using 401k to Invest in Real Estate
Have been going back and forth for months on this decision. Currently I have 4 rental properties bringing in roughly $3000 income a month. I own them free and clear. Additionally I have a very good paying job so I don...
Sam Haack
Cash-Out Refi Standards
Hi all, does anyone know if the same kind of vetting is done for cash-out refis as is done for regular mortgages? This would for a primary residence that I want to access some of the equity in. My main concern is that...
Pwin Kumar
investment property Ravenna Ohio
HI Bp community I am looking to give an offer an investment property Ravenna Ohio I don't much about area can some one educate me on employment and appreciation and areas to avoid.
Kameron Patterson
Looking for creative financing ideas for multi-family property.
Happy Father's Day to all our BP fathers out there.I am getting ready to transition from active duty military to self-employed civilian. I have run into a complication I was hoping I could avoid. I am having some tr...