Can any one cite the rule that under the Rapid Acquisition program that after the second loan in 12 months, the borrower cannot take out 2 loans in the same subdivision? Does the seasoning of the subdivision have anyt...
Hey BP!If i have a private investor that is willing to lend me a down payment on a property how do you structure it to not consider it a silent second fraud? For instance, if a friend gave me 20,000 for a down payment...
Has anyone here ever sued a bank for incompetence? A local bank here epically messed up a deal for me but I was able to salvage it (had to come up with an extra $10-15k in a day) and still closed, but their negligenc...
Hello Everyone,So, I have been listening for a few months. And, saving towards the purchase of my first property, and discussing my strategy with my friends.. "gotta love the nay sayers".. lol.. But anyhow, suddenly...
Has anyone in the Boston area gotten pre-approved in the last 3 weeks? My friends spoke with their bank and the terms that they were offered seemed a bit steep. They have plenty of cash to put down, perfect credit, id...
Hey all, I'm offering on a property (in columbus oh) and my finance guy says he can't lend conventional fixed rate because it's a non-conforming property. It's one lot, residential, with 2 separate living structures...
Good Morning Bigger Pockets Community. I will be PCS'ing to San Antonio after spending the past four years in Germany. This will be the first house I will have purchased, so I am new to purchasing a home. I will likel...
Hello,I would like to receive some advice on renting to a tenant on the same floor that I live on. I currently have a multi-family house and would like to rent the other room I have on my floor. We would be ultimately...
I purchased my first house hack property back in March of 2019 (Two Unit Home) with 10% down as my primary residence. Its been over a year now and I would like to convert that property into a rental and purchase a new...
Hi all,We have purchased a 4plex in Louisville, KY on a 20 year note adjustable after 5 years. We have a basement and I believe we can legally, and totally within our current zoning, add a 5th unit in the basement. M...