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Cash out refinance
Hello BP, I have a question about cash out refinancing. If I go for a loan to buy a rental property but get denied due to various reasons, low income poor credit, etc. but I go ahead and find an alternative funding so...
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HELOC banking and education
Hi Everyone, So I am trying to get a HELOC to use for my first property investment. I have called some banks and the fees are never-ending; Interest rates are high but from what I understand it is like a credit card a...
Reden Dionisio
Personal Loans for home improvement
Has anyone used a personal loan from a bank to get some home improvements done? Any idea on interest rate or how much you’d be able to get?Looking to do new carpets in 4 bedrooms, kitchen countertops, and new applianc...
Shaka Farrier
Can I use Business Line for Hard Money down payment and points?
Hey BP, I hope is well in your ventures. I am working on getting funding for my first fix and flip and wanted your opinions on my way in without spending much (or any) out of pocket money.Current situation:Business Li...
David Styles
deficiency judgments?
Okay, so when a person facing foreclosure gets bailed out by an investor who works a short sale, are the sellers free and clear?
I know they will get a credit ding of about 70pts and possibly sent a 1099, but what a...
Katy Shearer
BEWARE of Money Lender SCAMS
I have never seen so many scams with people lending money. It seems like every lender wants an upfront fee to cash in and never give you the loan. I had someone from Egypt use by card for playing online games. Shame o...
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being charged 5.125% mortgage rate for credit score of 845.
Hello,I am buying my first out of state investment property in PA. 3/1.5 SFH.Purchase Price is 110k , needs a new roof, some TLC. Planning for 20 % down.Similar fixed up properties there are going for 150-155k in tha...
Mason Jeffries
Best Tenant Screening Companies
What is, in your opinion, the best tenant screening company online and why?I looked at options like Cozy and MySmartMove. They seem to require the tenant to create an account basically run their own reports. Is there ...
Lesley Resnick
Applicant screening process in C-D areas
I have a triplex in a c-d area (rent 700 for a 2/1) and I was wondering how others are screening tenants. I am using a paid background check and call employer, current landlord. I am requiring they make 2100 a month...
Tim Southerton
First rental - Applicant screening
Hi folks,My wife and I have our property listed, created screening criteria, have done a few showings, and we have 2 applicants so far. Like everyone I'm looking for the elusive perfect tenant, but both of these appli...