Looking at purchasing a small home with a LARGE lot. The home won't appraise for a mortgage. Hubby is military retiree and we have several rentals. We were planning to rent the small home as Short Term Rental to pa...
I've been looking at some small multi-family properties lately, mainly two and three-flats. I found one property that's coded as a single family house but it has three distinct living areas (3/1, 2/1, 2/1) with three...
Hey all, I just purchased a two bedroom condo in Atlanta, GA and this is my first real estate purchase and I am trying to rent out one of the bedrooms. I recently met someone who is interested in renting the bedroom, ...
Are there any programs that will allow the prospective tenant to fill out the application and pay the app fee online? I've only got one two units so far, and I'd love to go paperless with this part if possible.
Do all these fees apply for the same transaction?Fee Structure
Lender’s Fee: A percentage of the Loan amount paid by the borrower to the lender
Lender’s Commitment Fee: This will get paid by the borrower to the Lend...
Hey guys give been watching my credit pretty closely and id like to apply for the FHA 203k loan If two bureaus are reporting well over 580 but one is just shy, should I still apply?
Hi BP, Has anyone used a turnkey company with financing in place to purchase RE in a SDIRA? If yes, which company have you used and would you recommend them?I recently heard about Ron Blum and Express Realty Company. ...
Hi BiggerPockets!Here is my situation: I have a tenant who passed away. In his stead, he left his heroine-addicted girlfriend, who has never paid a day's rent. My tenant's family even called me after he passed away to...
Hello BP, I am looking for my first mortgage and I am wondering if it is better to work with one lender, or with different ones at the same time and use the one who gives me the best deal? What are the advantages and ...
Can you use a Solo 401K to purchase a flip property as long as it is paid back? I saw the max loan was $50K but that was for a loan and was unsure if you can use all the money available to purchase a property? I am s...