Elad Messing
HELOC for investing-limit lower than expected. Continue looking ?
Hi all HELOC experts :)We are in the process of getting a HELOC for our primary, to be used as cash-equivalent to fund investments. After shopping, we opted for one bank however they just came back to us with the prop...
Sarah Giffin
Hard money/private lenders that work with less than $50k loans?
Looking for hard money or private money lenders to provide a bridge loan for the purchase of a $45k rental property in SC while we get our funding in place. I will be taking a 401k loan to pay off the lender, but need...
Mashal Choudhry
Can someone please explain the refinance part to me in a BRRR?
can someone please explain to me how the refinance part works? So when you find a bank to refinance your original loan, how will you pay back your new loan? That part makes no sense to me. Please can someone explain t...
Nicholas Jose
How do you verify FAKE tax returns (and other docs)?
Good afternoon, BP.I'm currently doing research on how to screen applicants, particularly those who are self-employed. One way to verify an applicant's credit history would be to examine their tax returns and other re...
Kalimah Jenkins
Completed my first BRRR -- worked like a charm
I purchased a townhouse in December 2015 and completed a BRRR on it yesterday. Well, I didn't actually rehab it, just found a good undervalued property and raised the rental to what is still below market (I didn't wa...
Robert Frazier
What rates are you asking for on owner-financed deals right now?
Looking at an opportunity and want to make sure my expectations fit the market. Its a commercial redevelopment opportunity, looking at owner-carry with 18 mo balloon payment.
Cody Anderson
Make Participation Mortgages Great Again
Can someone explain to me why participation mortgages are no longer in vogue? They seem, at the surface, to be a logical instrument for long term incentive alignment, especially in today's market.
James Piske
Zillow ACH rental deposit scam
Zillow, along with their third party vendor, whoever it is, is running an interest accruing scam. 10 days for an ACH payment to hit? Get real! I worked for the Federal Reserve Bank of Chicago for almost 20 years, I kn...
Anna NA
Closing / Fee Policy
I'm coming up on my closing next week on my first house. The attorney has told me that there will not be an in-person closing, but rather that all they need from me is the check.
Currently I received a signed copy...
Daria B.
SaVy Negotiations
I'm about to look a property that I found has no Heat Pump or appliances and who knows what else... I've come across other deals in the past that I offered what we (me and my agent) thought was a more than fair offer ...