Matthew Kelm
Hard money lender wanting an upfront payment
I was on BiggerPockets FB page and seen a hard money lender posting an offer of loan services. I contacted this person by the email that he provided. He asked for various types of documentation and sent me a loan appl...
Steve DellaPelle
Is it worth paying more for a bank that actually communicates...
Cash-out refinance on my investment property out of state...Bank 1 - $150,000 30 Year 4.85% (4.97% APR) $4,000 Closing Costs $46,000 Cash in my pocket after refinance"Big Bank"- Horrible communication- Closing set for...
Timothy Church
Splitting property to increase equity and reduce leverage??
So a few years back I purchased a set of properties in Galveston I lovingly refer to as the cottages. They are 2 identical 2 bedroom 1 bath properties side by side and within a block of the Seawall/Gulf. These were or...
Michelle Brast
DR Horton /Lennar Homes - Using their lenders Pros/Cons?
I am looking at buying a new build for a long term rental property. Does anyone have any experience with DR Horton (DHI) or Lennar Mortgage? They are offering some great incentives, lower rates and closing costs. I a...
Vijay Chadalavada
Thoughts on duplex home?
I currently live in California. Currently, Single-Family homes are in great demand. Houses are getting sold 50-60k (sometimes 100k) above the market price.Since I cannot bid higher than the market rate, I'm thinking o...
Maria Keating
Cash only at Foreclosure - Seattle?
Hi, I'm semi interested in a condo in Seattle that will come up on auction in October. Reading the foreclosure guidelines, it seems that one needs to have cash to bid on the property. Is that how all foreclosures wo...
Ryan Luby
First Investment: Financing fell through, 2 weeks to close
Bp Community I need some help..I am looking for any specific info/ advice for what I could do.Long story long, I got a pre-approval for over 150k from my bank, then made offers looking for personal investment properti...
N/A N/A
Credit Repair
Hey guys I am new the the forum and I was wondering if anybody would know a good credit repair company. I have some clients that need to have the credit repaired so they can buy a home.
Thanks
Ken
Christopher Kolasa
Help! I bought a bad deal, but now I might have a good one.
BAD DEAL:I signed a purchase and sale agreement for a home in Chattanooga, Tennessee, Orchard Knob, on the southern end. The property is a single family, 1300 SF, 3BD/1BA, got it for 65k, anticipating $1000/mo in rent...
David H.
SBA EIDL Loans are ELIGIBLE for Rental Properties
ATTENTION LANDLORDS!SBA Economic Injury Disaster Loans (EIDL) are eligible for Rental Property Owners.Standard SBA Loans are not available for passive income (except Hotels and Self Storage)... THESE ARE NOT NORMAL SB...