Jonathan Franchini
Portfolio loans or local lenders for out of state investors
Hello BP community,
Has anyone faced a hurdle to obtain loans from local banks, because one is not a local resident?
I purchased a rental property in Birmingham, Alabama and have contacted every local bank there an...
Eric Y.
First Rental, Rented
Today I finally filled my first rental. Thank you to @Brandon Turner and @Joshua Dorkin for starting this site and publishing your books. I have J Scott's Flipping books and Brandon and Heathers No/Low Money Down,...
Ceasar Rosas
Finding leads in this seller market
Hey BP,I'd like to start a discussion on what people are doing to find leads? Let's refresh this and give each-other some ideas. I'll start with a few, in the Pa market where we are currently flipping, we use, the MLS...
Marcus Bledsoe
Planning to launch a "Look Alike" marketing campaign
I recently bought three rentals, two on the same street in Kirby, TX which is a suburb of San Antonio. One is in Converse, TX which is also a suburb of San Antonio. I got great deals on all three of these properties a...
Khaled Seirafi
Do Lenders work with properties without 100% occupancy?
Hi there,My family owns a multi-use commercial property in San Mateo, CA and one of the commercial spaces is vacant. The rest of the property is fully occupied. Would commercial lenders be willing to work with us to d...
Marc Ramsay
New Bigger Pockets Members near you!
Last Sunday an email from BP came in listing 3 new BP members in my area. Two were south of the border and one was not far from my home. I dropped my new neighbor an colleague request and started up a conversation....
Schuyler Witt
Second Deal (from 2014)
Investment Info:
Single-family residence buy & hold investment in Tucson.
Purchase price: $49,000
Cash invested: $39,000
2/1 SFH. I bought this rental with no (personal) money down. I paid the lo...
Trevor Aydelott
Rookie mistake from a lender with 17K in Equity
So I have a client that's a Veteran ( irrelevant for this post) Anyways we found him a home and an appraisal was done on a home ( DUH) and the Appraisal came back at 223K with No Conditions ( which is Greaatttt) - He...
Frank Capaldi
Line of credit on a cash purchase
Is there a certain time frame to apply for a line of credit on a home that you paid cash for? I am trying to figure out a good strategy. Ideally, I would want to buy a home cash, fix it up if needed and then open a ...
Mike Shemp
Bartlett NH Trying to Limit Short Term Rentals
Today the Bartlett Planning Board announced they are going to discuss limiting short term rentals at an upcoming meeting.
There will be a planning board meeting on January 3rd to discuss this. For anyone who works...