Daniel Sabato
Pros and Cons to an LLC
What are the pros & cons to creating an LLC for your properties? I’m talking about for 3-5 properties, does it make sense? Are there any tax implications etc?
Cody Cummins
Navigating the market of Stillwater, Oklahoma
Dear fellow Okies and Pokes,
I am a sophomore at Oklahoma State University and I major in Nutritional Sciences. I am a self-supporting student looking for ways to get more money into my pocket for financial stability...
Eric Evans
Starting Out and a Little Scared
Hey everyone!Just now getting started and I am now pre-approved from a mortgage loan company. I also have met with my real estate agent and we spent about 3 hours talking about the type of property I am looking to buy...
Claude Hodge
Quit Claim and Credit
Help me tou here folks. Let's say I buy a property in my name. Then I quit claim it to my LLC. Now my mortgage is being paid from my business account. Does the mortgage drop off of my credit, or stay on? Also, do...
Elizabeth O.
Need to cover subfloor to close
Im set to close at the end of this month on a short sale. I am doing a conventional loan and whoever had the house before ripped out all of the carpet and left the exposed subfloor. I now have to put some sort of flo...
Griffin Goudreau
Florida Rentals - Refinance to Conventional Loan 85% LTV?
Are there any lenders out there that can provide a cash-out refinance for an investment property at 85% LTV?
For example, I have a property worth 200k. PP = 110k + Rehab = 30k (All-in 140k). We want to keep it as a ...
Nae Bell
Getting into flipping?
So I found this house and I am very interested in getting a flip and fix loan to get my hands on it and fix it up. I have never done anything like this and I don't even own my own house. I would like to know if someon...
Kevin Arias
In escrow Los Angeles home bad or good deal?
Hello I’m a first time home buyer. Here is my current deal:749k listed price on ZillowOffered $820,000k 30yr conventional loan at 5% down. 7.01 interest rateNAF cash all cash loan 1.6 on top of purchase price. I would...
Rene D.
Has anyone used any of the BP loan companies listed?
I'm looking to get a pre-approval and wondering if anyone went with any of the companies listed from the BP resources. If so, what was your experience?
Gregory Pucci
FHA Loan in MA, Loan Co. wants notice to be given before close?
Hello,
So I am buying a small MF 2 doors (this is my fist property), both occupied with tenants one is on a lease and the other is tenant at will. I am working on the FHA loan for the property that will be my primar...