Cynthia Walker
Credit score 600, have 20% Downpymt,over 100k salary but DECLINED
Very frustrated... we have fair-poor credit, excellent employment, and want to buy a house $399k, can put up to 20% down, buying a primary residence, but cannot get even a pre-approval letter. What are we doing wrong...
Tarek Wazzan
Just Did My First Sandwich Lease Option!!
Hello all,
I usually do basic wholesaling, but recently got into sandwich lease options. I got a call from a very motivated seller and gave him two options: buy at a deep discount or buy with terms and terms it was. ...
Mike M.
How do you have your bank accounts organized / set up?
Hey guys I'm wondering if there is a way I can increase my efficiency or improve my money management system the way it is. For those of you that have full time jobs (non real estate) and do this on the side - how are ...
David Judge
Land loan - negotiating - multiple preapproval letters?
Hello, I’m looking at buying improved land in a market near mine (Spokane, WA). The goal is to buy land while cheap(er) and sit on it for a year or two while I raise capital to build and hold a fourplex.
I don’t have...
Latisha Haynes
Life After Bankruptcy
What is the best way for a newbie to break into the business with creative financing that has filed bankruptcy (May 2015) and does not currently have any reserves? I do not want to keep putting my dream on hold.
Jose Morales
Are there lenders who allow cash out refinance for a SFH valued at 40k?
I recently bought a rental home in cash completely for 40k. Are there lenders for who allow me to do a cash out refinance for my fully paid 40k property?
thank you
Alan DeRossett
fruit tree Tax exemption
In California more then 5 fruit trees is considered a Orchard for tax purposes, I can get the Orchard Tax exemption for first 4 years after planting. has any one tried this with multifamily properties? I know of singl...
Qui Van
Taking a heloc/ line of credit for second property
Hi all,
I spoke with a mortgage broker recently and wanted to take a heloc or line of credit on my current home. She said I couldn't because my income is not high enough. How can I go about this other than make mor...
Jeremy Henderson
Newbie question.
So I applied for my first home loan and was denied because my credit score was only a 609. Just a few days later I got an offer in the mail from a company called "CityWorth Mortgage" and was pre approved for up to $35...
Dylan Eggers
Help in the Denver Market!
Hello BP! I'm only 20 years old with a car loan and I'm slowly establishing my credit, however, my partner already owns a few properties and is financially stable. We haven't pulled the trigger on anything because we ...