On May 25, 2012, the Consumer Financial Protection Bureau (Bureau) issued a Proposed Rule (Rule) which, if adopted, would govern the process by which a "nonbank covered person" may become subject to the supervi...
Has anyone used Angel Oak Prime Bridge? I have found a great deal for a buy, rehab and hold but need to find a private or hard money lender. I have tried to research this company and have not found a lot of details fr...
I'm trying to run the number on my first STR and I dont want to miss out on any expenses. I have the main expenses like mortgage, taxes, insurance, utilities, repairs/ maintenance and cap ex. Is there anything else I ...
I know that multiple credit pulls impact your credit score. How do you get around that with talking to multiple lenders? I have 2 lenders that I work with regularly but looking at a 5 flex for the first time and may n...
If your an investors and own couple properties and then decide to get you real estate license to have access to the MLS, what does it mean that as an agent you would need to disclose to any buyer and seller that your ...
So, I'm reviewing/updating my processes in relation to background checks, applicants, maintained records in a secure manner, etc. I've come across conflicting information between the FTC and what I'd learned in the pa...
All of the news outlets are acting like sheep and funneling consumers into Equifax's hack website they setup for the 143 million consumers with lost SSNs, addresses, etc. - https://www.equifaxsecurity2017.com.The part...
Hello all,
I'm considering a private loan with Bridge-well Capital, however they are indicating they don't loan to individuals . This company is advising I'm must close as an LLC which I'm currently not . Any opini...
Hi BP fam.I have been trying to understand this for some time, in my area hard money lenders won't do loans if the person purchasing the property with the loan plans to move to the property after rehab, what is the re...
Most mortgage brokers have felt the pain of the Dodd Frank bill but it doesn’t just affect traditional mortgage brokers. Depending on your State, even hard money lending, that has been largely unregulated in past year...