John Habermann
Rental Townhome in Ankeny, Iowa.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
3 townhome units. For rent. 4 bed, 3 bath, 2-car attached garage, finished basement. Built in 2018.
What made you inte...
Joe S.
Can lenders withhold sharing a copy of the appraisal?
Can lenders withhold sharing a copy of the appraisal? So if I am the one that pays for the appraisal why should a Lender give me a hard time about turning over the appraisal to me? Is this common practice among lender...
Forrest T Schue
Receipt Tracking and Bookkeeping
Hello everybody,What methods do you recommend for tracking and documenting businesses receipts? shoebox? A software?
Jeff Caravalho
Oregon foreclosure question
Hi BP, I have a foreclosure in Oregon that I need some advice on. Property is in Oregon, worth about 280k, 1st mortgage is around 190K, second is around 100K, (repairs are done). Story from homeowners (who are frien...
John Bart
can the bank come after homeowner afterwards
Can the bank come back after a seller for the money that was shorted?
Would the seller still be liable for the rest of the money the bank didn't recover?
How can you eliminate that in the paperwork?
thanks
Zach Hawrot
Using a HELOC instead of refinancing on a BRRRR...
After meeting with my bank, I told them I wanted to refinance my duplex after I made the proper renovations. They advised since the duplex was cheap to start at 25k that it would make better sense to take out a HELOC ...
Mary W.
New to BP in Rockland Co, NY - Q on banks
Hi all, I'm in Rockland County, NY. I was a real estate broker in NC from 2002-2008 then moved to NY in 2008 (no reciprocity so I didn't renew license) and settled down with a W-2 job. I house hacked my current and ...
Steve Dussault
Line of Credit - Best Banks
I am seeking to set up an unsecured line of credit for my real estate business. I want to be able to buy quickly and then put the property under a mortgage later. A line of credit would be a lot cheaper than using "...
Nick Sandoval
HELOC on Investment Property
I purchased my first investment property (cash) and things are going ok for the most part.
Now looking into getting a HELOC to purchase another investment property but haven't had much luck with the big banks as they...
Daniel Dietz
Secondary Market Financing and Septic Tanks/Systems?
Hello,I am usually on here talking about investing in rentals, but this time have a totally different questions about 'secondary market' or traditional long term loans. My daughter had made and offer and had it accept...