I was tracking down new portfolio lenders and Old National is doing portfolio loans.  They will do loans in the following areas according to my banker: Muncie, South Bend, Indy, Bloomington, Evansville, Louisville, An...

Would the following scenario be mortgage fraud?Acquire a property 5% down conventional loan on a property that is in a state where I work.  I plan to live in this property for a year and then rent it out.  One month l...

Hey all,I'm still a little confused about the order in  which things happen.First I find a deal, get it under contract, then take the deal to the hard money lender? Here's my hang up: If I put it under contract and sa...

hi there my name is nicholas. I Am currently working a 9-5 and I’m the process of building my credit so right now. I plan to take a year and save as much as possible for a 20%down payment on maybe a single family or m...

We've just added another great contributor to our Moderator Team, James Vermillion.

James is an Air Force vet who began to invest while in the service, and has been a great mentor to other active service men and w...

Hi Everyone - I'm new to BiggerPockets but have enjoyed all the material and discussions I've seen thus far. I'm an active agent in the Denver area and am currently finishing my 2nd flip this year and actively looking...

Hi I know that there has been some discussion about the finer points of submitting REO offers. But which is actually the proper format to use - sales contract, offer form, or formal letter?
And if offer form is the wa...

Follow the same general steps:
1. Find a good property to house hack.
2. Crunch the numbers before making an offer.
3. Close escrow, move in and make repairs.
4. Find a good tenant.
But there are a few key t...

Hello All,My name is Parth and have been diligently following Biggerpockets for the past 8 months. I recently bought a studio in lake view area to start with and am ambitious to scale.
After a lot of listening to Pod...

Question for any one who has come upon this situation for California-based landlords
-We have a single property (SFH) which we run ourselves, not under an real estate investment trust, corporation, or LLC which would...