Good morning BP! I am looking for a lender that has experience with rehab and investor loans in or around the Richmond, Virginia area. I had been working with a loan officer from Towne Bank, but his response time is l...
I am considering purchasing a property through a loan from friends/family. Are there any non-obvious downsides to this kind of loan? Is there a set legal range for the interest rate? Any knowledge/resources on this wo...
I know that a large majority will state that deals need to be formalized and gone through loan services, however, please humor me. With a friend to friend loan, I know...taboo and risky, what would a fair rate be for ...
What are you’re experiences accepting those forms of rent payments?I am almost done turning my primary residence into my first rental and was thing of accepting those forms of payment ( plus a service charge). Or do I...
Am I the only one who is totally frustrated and want to quit.... sometimes!!!I take one step forward and 5 steps back....uggghhhhh!!!I just started my LLC to put my first rental under (it was our home that we moved ou...
This seems like the best place for my question. I recently offered on a Freddie Mac foreclosure for my personal residence using the 203k streamline financing. I am pre approved and such. Good credit, income, low de...
I am in the starting process of finding my first property for the purpose of holding. There is a good opportunity in my neighborhood on a property that is in the middle of a remodel but the owner has to sell due to po...
Here and there I am seeing folks playing fast and loose with kick backs, referrals, leads for sale, casual approach to bird dog fees.
All of these fees have a major problem with NO DISCLOSURE, RESPA and STATE LAWS f...
Basic Question: Is there any downside to opening a new business credit card every year under a new LLC as essentially a 0% loan until I have enough for all the properties I plan on eventually transferring to them?Con...
I am currently have a verbal agreement in place with on a note lead I picked up through my marketing. With this particular note, I would like to flip it to another investor; however I would like to know if I can do t...