Larry Weyer
Pre Approval Application
I competed a pre approval application and selected primary residence and got the approval for my desired amount. Our primary residence is solely in my wife's name. Can I use my primary residence loan to buy an investm...
Matthew Pritchett
First Self Managed SFH
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $35,000
3/1 SFH with attached garage and nice fenced backyard with storage shed. It was partially rehabbed by the prior...
Shanea Fulks
GEMS in rural UTAH
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $155,000
Cash invested: $15,000
Quick purchase of Bungalow. Renting $1300 per month
What made you interest...
Morrisha Hudgons
Would you rent to this tenant?
I have a condo in Chicago, south loop, that I rent for $2900. The condo is a luxury unit, with floor to ceiling windows, and unobstructed views to lake. My tenant moved out mid July, but the agent began showing it l...
Matthew Newby
Subdivide and conquer
Your goals and story: I currently have a 1.3-acre parcel with a 2 bed 1.5 bath home that I built in 2013 as an unlicensed owner builder. Sweat equity paid off nicely, currently owe $99K on it and a recent BPO came bac...
Michael Alexander
Exploring Lending Options for Short-Term Rental Owners Based on Booking Revenue
Short-term rentals have become a lucrative venture for many property owners, offering a flexible income stream. However, accessing traditional loans can be challenging, especially if personal credit history isn’t favo...
Account Closed
Logistics of a Seller Financing 100%
Here is my scenario:
My bank requires a 25% downpayment.
The seller has agreed to finance the downpayment.
The bank requires the downpayment come from my own funds.
I don't have nor want to use my own funds.
How ...
Roy N.
The concept of "deemed interest" - does it exist in the U.S.A?
Good morning BP!
I was over in the blogs this morning reading Brandon Turner's latest essay, "The Definitive Guide to Using Seller Financing to Buy Real Estate" and, in the comments following the articl...
Brenda Whittaker
Now Here's a Good Question For Ya! PL Dark Side?
I hear there are a lot of private lending scams out there. Are there none beyond your own personal acquaintances that are reputable? Do they all charge application fees? What is the best way to check a prospective ...
Corey Bogaski
Pros/Cons of buying a house through seller finance
Hey, i have an opportunity to possibly get a 3-unit (all 1b/1bath) through seller finance. I have a few questions. How to structure the deal? Does the loan i will technically be assuming add to my Debt-to-income ratio...