Eric DeVito
Need Help! Possibly dug myself in a hole with Interest Only Heloc
Hello all! So i decided on getting a HELCO because I want to get my first investment property and I have equity in my primary residence I live in now. Basically i spoke to TD Bank today and agreed on terms, but I have...
Greg K.
Very strange Short Pay/Sale clause in banks agreement
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Jim Majoros
Is it Legal to get a seller to hold the Mortgage in Pennsylvania?
I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
Nick Sansivero
Bank of America announces zero down payment loans
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...
Robert Burns
Is Wholesaling Lease Options Still Viable REI Niche?
I recently considered shifting some of my REI business back to wholesaling lease options which I did successfully for several years. The last 2 years I focused on regular wholesaling "flipping contracts" but I though...
Gino Barbaro
What Qualities Do You Look For In A Coach/Mentor
Hi everyone,Many people on BP are seeking a mentor to help them with investing in real estate. My question is what qualities and or skill set do you look for in a mentor. What are you looking to get from the relatio...
Mike B.
Sandwhich Lease Options
Can someone who has done these successfully and recently, please highlight the actual logistics of completing a sandwich lease option currently?If I get a property under contract as a lease option from the seller, whe...
Graziano Casale
Living in LA and investing in Indy
Hello, I'm currently investing in Indianapolis from LA (Pasadena). I know there are a lot of us out here, and it would be beneficial to all to connect and maybe get together to share experiences and make our network e...
Gaylene Rogers lonergan
New Texas Senate Rulings: Wholesaling, Assignments, Double Closes
How will the new Texas Senate rulings on Wholesaling, Assignments and Double Closes affect your real estate business?If your real estate investor business includes wholesaling, assignments and double closes, you need ...
Maria Teo
What is fair in this business?
Hello BiggerPocket members,I'm probably in the wrong business but does anyone suffer from landlord guilt? I have a rent controlled building and petitioned to do a capital expense rent increase, which will raise the mo...