Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
A friend of mine has 1 business, 3 locations. I have been managing them for 3 years now. She is wanting me to purchase two of them, by assuming the payments at the bank without changing the information at the bank. ...
I wonder what your opinions of allowing delinquent borrowers to change the terms of their mortgages are? To me, there is something fundamentally wrong with essentially rewarding lousy borrowers by extending their ter...
Just wondering what methods landlords use to find tenants who move out, owe money and do not provide a forwarding address? The security deposit itemization checklist has to be mailed, and so does the potential small c...
Well, I closed on my first property last Thursday and signed a lease with my first tenant this morning. I honestly don't know what sparked my interest in real estate investing about 14 months ago. At the time, I had j...
Hi. Forgive me if this is too newb.I'm looking to invest $500k cash into rental properties for income. I want to leverage, but can't use income from other sources to satisfy debt to income ratios (I'm self-employed)...
Hello BiggerPockets forum!How is everyone doing tonight? This is officially my first non-newby introduction post. I am looking for advice on how to make two deals work financially.A little background, I am looking for...
Today a motivated customer calls my business line and emphatically states that he is newly married and "needs to get rid of his home and is facing foreclosure."
Here's the details :
two mortgages for $78,000 total...
Hey, I'm a new investor and I purchased a home about a year ago with the help of my dad. He cosigned on the house with me because the mortgage was more than I qualified for by myself. I've been saving up for a down pa...
I am currently a college student interested in starting my real estate journey after graduation. I was looking into house hacking after graduating, but I am going to have a lot of student debt to pay back. Does it mak...