Kristin Finn
How do I finance a two flat with a disclose leak in the basement?
Hello BP! This is my first post!! My husband and I are interested in a two flat in an excellent location in good condition. It is currently rented. We believe the deal could be very good at the right price. The proble...
Christine Barker
Financing rehab on "unicorn" STR's condos
Hi, this is my first post. Since we need a creative financing solution for our rehab I figured this is the best place to ask for help. The BP community is always so friendly, generous and helpful!Following the BRRRR s...
Kyle Davis
Looking for 30 year fixed rate on my properties
To BP Members-I've tried to go through my local bank where my properties are at to refinance all my rental properties (9 properties in total) and get them on a 30 year fixed rate.I was turned down, though, not because...
Hanbin Y.
Seller change title company
Hello BPers, I have a question regarding the purchase agreement. The seller accepted my offer but changed the title company. Is there anything that I need to be aware of? Or this doesn't matter?Thanks.
Matthew Karp
What does this mean?
Looking for my first deal as a 4 plex house hack. It is an r e o but has no tennants,
also I know a deal recently fell thru, so Im assuming someone knows something that I dont. With no tennants that means a bank w...
Adrian Wooten
Unable to receive funding due to Church as a tenant?
Hello,I found a really good deal on a small 3 unit commercial property but the hard money lenders that I reached out to stated that they would not lend to me because the property has a church as one of the tenants. Is...
Paolo P.
Need advice on getting prequaled
Hi All,
Trying to get started with acquiring my first rental property, but am being challenged by lenders. Called one major bank and a small regional bank -- both won't prequal me bc I have a short sale from 2/11. Do...
OUSMANE BANGOURA
credit VS no credit how important is it for a first buy
i know with a better credit i could get a better rate on loans but is it a must when starting with real estate
Kevin T.
Short Sale price increased after under contract
I have a situation that I'm confused by. I got a Property that needed some work under contract for 150k off of MLS. They came back and said the bank won't sell it for less than 168k. I would have to increase my offer ...
Andrew Troup
Reduce offer after inspection?
Hi All,
In November we put an offer on a short sale house. Recently the listing agent said it was approved in the online system, although we are still waiting on the approval letter.
We have an inspection coming up ...