Marcus Auerbach
Why is JPMorgan Chase tightening lending to 20% and 700 score?
Chase requires new home buyers to put 20% down and have a 700 FICO. I believe the national average is around 7% for first time home buyers. What I don't understand is they still offer their DreamMaker loan with 3% dow...
FRANK DARIENZO
NEWSFLASH!!! The MLS IS DEAD!!!!
You can no longer get any sort of deal on the MLS Period!! I have been at it for 3mo and have used the basic investor formulas for offer 65-70% of ARV minus repairs, and Nothing, Nadda!! The Banks are INSANE on their...
Cory Lucas
Hey BP, can you help refine my questions for banks?
Hey all, I am looking to touch base and get my name out there to more local banks and other financial institutions here In the coming days. The banker that I had been in heavy contact with recently informed me we woul...
Hami Hot
Attorney won't return deposit
Attorney won't return deposit!
Hello everyone,
Buying: I have been reading for long time, and finally made my move last month. I placed several bids on a townhouse, and finally got it for 123k. 6k needs to be pa...
Hassan Tirmizi
How to find the name of the bank that foreclosed?
How can I find the bank who foreclosed on a property and secondly should I approach the bank for the property or wait till it reaches the court house steps?
Jeff McDermott
Need feedback for a new software platform for investors
My firm is in the testing phase of a new SAAS platform for investors in residential, land and commercial properties.The software scours properties on the market and off the market by zip code and based on specific cri...
Glenn Mayo
Here's something that just occurred to me....
Let's say you're going to buy an apartment building. It doesn't really matter what size, but just for this example, let's say it's a twenty unit building. The building is fully occupied, and the tenets are all paying ...
Chris Mason
Oh yeah, the "Due on Sale" clause is now LLC-friendly, sometimes
Totally meant to post this like a year ago. On page 292 of the document, which is page 309 of the PDF. That link is to the servicing guide for Fannie Mae loans that was updated on 11/8/2017, so the page number and inf...
Jake Langley
Delinquent Payments on a note
I have a borrower who is always one month , or 2 months behind on Loan Payments for a note I hold. They are also delinquent in late fees. At what point can I start a foreclosure or at least present the idea of a Dee...
Robin Greenhalgh
Question from a BRRRR newbie
Hi everyone, I am new to Bigger Pockets and just signed up for PRO. I am learning the BRRRR approach and one question that came to mind is whether this approach can be used for short-term rentals (e.g. AirBnb)? I'm wo...