Sam Arak
Conventional or 203k loan if drywall and insulation needed
I am interested in a single family foreclosure home in NJ; however, the living and dining rooms do not have drywall and insulation. I would like to know if conventional loan would work or I have to get 203k.I would ap...
Sarah Lorenz
Paying Off Seller Financing/Land Contract with a Bank Loan
I was recently asking about lenders that would pay off a land contract/seller financing after six months, which turned out to be fairly tricky. Almost anyone will do it as a purchase, but we were looking for a lender ...
Joel W.
Does this Refinance/Retirement strategy work?
This idea just poked my brain and I am wondering if it works or is realistic.
Say you have a portfolio that cash flows $100K annually, and you own a property free and clear. You refinance your free and clear property...
Fernando Garcia-Martinez
Military member/College student/20 year-old
Hello,I am a member of the National Guard who returned from a deployment about 6 months ago and started school in Eugene, OR. I’m planning to move back to Portland and pursue some real estate opportunities and transfe...
Azaleia Sinclair
VA LOAN FREINDLY LENDER
Hello Bp friends, I am looking for a lender that is VA loan friendly. So, the issue I am having currently with all the lenders I've spoken with so far is that they are not willing to allow me to us my GI bill as addit...
Bryan Ellis
Recommendations for a loan modification company
Does anyone have a recommendation for a good loan modification company. Homeowner can make the payments currently but is significantly behind (12 months) and can't get caught up without a mod. They tried working wit...
Cindy He
Real Estate transaction tax question
Hi all,I have some newbie real estate tax questions.We're getting a private loan from parents to purchase a flip. They're going to wire money directly into my LLC checking account. I'm just wondering what I do at the ...
Juan Maldonado
Does this exist?
Hello, I am looking into an opportunity to acquire 46 units for my company, the owner is willing to do owner financing, but is demanding us to get Private Mortgage Insurance does this even exist? I have never heard o...
Nicholas Lemmond
Fighting fear of failure, or jump in?
Hello All,First post on BP and I'm so glad to be here! I'm looking forward to beginning my REI journey and haveing y'all in my back pocket to help and answer questions!So, a little background on me - I will be exiting...
Jason Riddle
Owner Financing Questions
As I understand it, owner financing is a way for the buyer to purchase a property, without having a bank involved. Instead, you take out a loan from the seller and pay them instead.
This leaves me with some questions...