Andrew Postell
Helpful Investor Tax Return Hints
Today you are going to get some really important “behind-the-scenes” information on how a bank examines your tax returns. Often we submit our application for a conventional loan to a bank, someone tells us that it’s ...
Kimberly Carver
Proof of Income - NJ Rental
Hi all! We have a rental property that will soon be up for rent. I have not yet posted the property for rent but we have gotten requests for information from people in the area. My current neighbor rents the house nex...
Ashley McGrath
In a unique rent to buy situation.
Hello everyone, Ashley McGrath here I'm brand new to the community and I'm excited about the opportunity. My husband and I are currently living in the home we are going to buy in September. We got a pretty amazing de...
Dan Taylor
Offer accepted on REO, Bank took an additional offer, lost out.
Hello everyone, Friday afternoon I was informed my full price offer was the winning offer on a REO. I was told Friday evening we would have a contract to sign on Tuesday (today) due to the MLK holiday and earnest mone...
Jasmine Claye
Portfolio Lending
Any users of Portfolio Lending from small banks care to share any of their personal experiences? Feel free to share anything about Portfolio Lending.
Tolulope Adewole
Zoning issue with refinance
Hey folks. Hoping I can bounce ideas off of this group to figure out what to do with my situation. I purchased a home in August, GA in March 2021 that I rehabbed and was ready to refinance in November 2021. During the...
Ken Van Haitsma Jr
Using a Business Name without Filing a Formal Business
I will be purchasing my first property in the next month or two so I want to set up business accounts with my bank to keep all of my REI money separate from personal money. I've read all the arguments for and against...
Lizina Green
How to obtain a foreclosure that has not been posted.
There is foreclosure in my area that has been seized and has been in the foreclosure process for over 2 years. It has not been listed for sale and still under the direction of a law firm. Has anyone been able to purch...
Andrew Melvil
Kind of lease option. Is it legal and possible?
Hi, BP!Nice to meet everybody here. I'm a new member, and I don't have investment in RE expirience. So I would like to hear your advices. I would appreciate it.Let's say there is a family that owns a house with a mort...
Jeff D.
typical commercial loan brokerage fee?
What is a typical loan fee I should expect to be charged by a commercial loan brokerage firm for an apartment building purchase?And would it be typical to be asked to sign a Financing Authorization agreement that has ...