Hello! I’m going to dive fully into my flipping business. I’m starting my LLC, have a business plan, and I’m very familiar with the BP calculators. Assuming that I bring all of that to local portfolio lenders/communit...

A basic real estate contract stipulates that on or before a specified date the buyer agrees to bring cash for the purchase and the seller agrees to deliver clear title to prove that they have the right to sell the pro...

We have one rental property and the lease is about to expire.  The tenants are interested in purchasing the property, but have poor credit.  We had hoped to set up a lease option, but after spending HOURS on this foru...

I am thinking about making an offer on a 3/1 house. Some people on this forum have said that anything with only 1 bathroom is functionally obsolete.

In terms of eventual resale (it would be a rental at first, if I b...

hello:

As the bank makes any changes to pof. I just finished bidding on a REO property by Well Fargo here in VA. The agent told me that the bank wants proof of funds with my name on it?

i used to use my HM lender...

Howdy,This is my first post on BP. I am looking to purchase a property 100% financed and only paying commitment funds and possibly appliances. This is a home that has caught my interest as a second investment property...

Hello, I am new to BP! I am a motivated learner looking to work, and find a mentor or anyone who has experience as a an investor, whole selling, and flipping. Currently in the Tucson area looking to buy my first multi...

I have been speaking with a few customers and conventional loan officers lately regarding 30yr financing on investment properties and the rates I am now hearing are north of 5%. They tell me this is due to Fannie Mae ...

Alright guys, finally ready to get into real estate but I have some specific questions about qualifying for financing. I've got different answers from different loan officers.
here is my situation so you have the con...

Hey BP! We are 14 days away from closing on our first long term rental! Property currently has Tennant in place with lease until June of 2022. My question is should we take over the current lease or draft our own? Any...