Jason Miller
Are you ready for a government shutdown?
This is not a political topic. Many tenants are military or government workers whose paychecks may be delayed. This could have a very obvious affect on landlords.
The longest shutdown was in 1995 and lasted...
Derek S.
REI and effects on VA Home Loans
Hello BPers!I am looking into obtaining a standard mortgage for purchasing a home as an investment rental property. I have a little money to put down for my first rental (likely less than 20%).I am a veteran and have ...
Shanequa J.
Seller holding a second position
Are there any lenders that allow a seller to hold a note in addition to the first position loan?Scenerio: 70%ARV lender loan with a seller subordinate 10% note. Is that above scenerio possible in today's lending marke...
William Ware
How to get a Quick Credit Score Increase
Hello All
Looking for ways to increase my FICO scores in a short period of time (30-60 days). Here is my situation:
Part time Real Estate investor with several properties owned free and clear
Need to leverage properti...
Thembi Moyo
An investor offered to sell me a note he has
Hi BP members, A real estate investor offered to sell me a note which he has between himself (functions as bank) and a buyer of property. he offered to sell me the note for $45K. here are the details of the deal:Curr...
Priscilla Z.
Credit Question
I have someone who is trying to qualify for an FHA Loan. He has a credit score of 680, but has 5 credit cards, most of them close to their limit.
He is coming into some money and can pay down some cards, and asked m...
Andre Crabb
Out of State Research Process
Hey BP!Quick question maybe some of you could help me out. I’m trying to better understand the process for investing out of state (or even out of city).Basically: what is your process for choosing what state, city, or...
Eric L.
Driverless Hotel Rooms: The End of Airbnb and Human Landlords
https://medium.com/@nathanwaters/driverless-hotel-rooms-the-end-of-uber-airbnb-and-human-landlords-e39f92cf16e1Interesting article about the second order effects of the biggest business opportunity since the Internet,...
Logan Macrae
New Orleans STR changes could lead to opportunities or headaches
New Orleans City Counsel is currently proposing banning short-term rentals in all residential areas of the city. This move comes after a federal judge placed a restraining order on the city's previous change to short-...
Sam Chan
ADU lending in CA
I am looking to build an ADU on the investment property and looking for a lender that will finance the ADU construction.
Current loan is 420k and value at 545k, credit score 740+. What are some options to get an ADU...