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Results (4568)
Kristina Jensen Lender or Bank Loyalty?
21 March 2018 | 7 replies

Question:  Is there purpose to showing bank or lender loyalty when obtaining additional loans?I know from the Podcasts and reading these forums that some people enjoy having a relationship with their lender.  My thoug...

Tyler Lingle First time refinancing a rental
14 December 2021 | 2 replies

Hey BP, 
This will be my first time refinancing. I bought my SFR 2/1 rental in September for 79k and I'm hoping to refinance in March / April. I wanted to do what I call a "hybrid BRRRR" and basically get as much of ...

Isaac S. Community thoughts on Lender response
2 May 2017 | 1 reply

Hi all,Since I'm new to this I've reached out to the two people I know regarding real estate. My lender for my primary residence and the realtor who help me get it. Reading in the forums I've learned that not all lend...

Keith L. Earnest Money forfeiture.
7 April 2020 | 12 replies

Hello all, I'm asking this question on behalf of a friend. The seller is insisting that they will be keeping the Ernest money as well as suing for repairs they made to get the property in compliance with FHA standards...

Kat Hussey Pool Investing? Group Investing?
5 June 2020 | 6 replies

Does anyone have experience in what I think is called pool investing? Like when 10 people each put in 10k so that there's a 100k deal. It seems like a good way to be able to share the wealth and also get a bigger deal...

Ziyan Liu Turned Down for Conventional Loan
3 January 2020 | 8 replies

Hi all,Newbie here. My husband and I have been educating ourselves about REI and are looking at houses in North Texas. We recently applied for a mortgage at a local bank and was turned down before they even looked at ...

Dylan Phillips Owner Occupied Hard Money Lender
13 November 2020 | 2 replies

Hi guys! Im working with a client that needs to buy something ASAP and he needs a hard money loan that they will be open to having the property owner occupied for 6 months then he will re-fi out into a traditional mor...

Julia Bykhovskaia Lenders for Short Term Rentals
26 February 2019 | 17 replies

Hi everyone, happy Monday. Has anyone had any luck finding a lender who would finance 80% of the PP, out of LLC, based on projected STR income? Or using existing properties as comps? TIA.

Rob Brewer FHA lending guidelines derailing my first flip
13 June 2013 | 4 replies

Hey BP friends! First let me send a shout out to J Scott for the podcast he did with BP (episode #10 I believe). I thought you were describing my first flip!!

Here's my dilemma. Wholesaler purchased a home 4/4/13,...

Greg Hoffmann Lenders' Consideration of Rental Income
27 February 2021 | 2 replies

Hi All,I know it's not the norm, but does anyone know if any lenders will consider rental income if it's been less than 1 year? This is in regards to income and not DTI. I have signed leases and can show 5 months of p...