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When I spoke to a lender about purchasing a 4plex, they told me that was considered a residential loan, but any more units would make it a commercial loan.
We are looking at a 6-unit property. Would that be a commerc...
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I'm currently about to refinance my 4 SFH's and purchase an eight unit apartment. It is the end of the year and with the new loan if I want to start a business now is the perfect time. Is there anyone in West Virginia...
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Hi, I recently won an auction for an occupied foreclosure in Washington State. I sent (by certified mail) a 20 day to vacate notice and left several hand written notices on the front door asking them to contact me abo...
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Had a private mortgage with a client who wanted to do a reverse mortgage through AAG. Took 3 weeks for them to close the loan after they had all the information. Additionally it took 4 days for me to get my money with...
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Hey there! I purchased my first rental property and it needed a complete renovation. The renovation is complete and the property has been on the market to rent for about three weeks. I have only had one person interes...
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Hello sent out first round of probate letters 7 weeks ago. Out of 32 letters got a deal and will close in Jan. The people were very excited that we are going to rehab their parents old place. Did get one call that s...
Hello BP,I am new to Bigger Pockets from the Minneapolis area. I currently own a duplex in Northeast, Minneapolis but am looking to expand my portfolio into more multi-family properties.-Peter
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just heard from my agent today that after three weeks of waiting back from the originating lender. My purchase of a short sale is being foreclosed upon. The lender verbally agreed upon the amount that I purchased at. ...
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I was just wondering if hard money lenders will usually give a pre-approval letter so you dont have to run to them every time you want to put an offer in. I know each deal is based on the numbers, I was just wondering...
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Back in 2012 I had some lab work done, paid the co-pay and forgot about it. They apparently had the wrong address and were sending a $30 bill to it. 5 months later and they reported me to a collection agency who then ...