Jacob D.
Using HELOC for investment property questions
I'd like to setup a HELOC on my house and purchase another multi-family.1. Once the HELOC is setup, do I need to draw the funds into my bank account (for the down payment), or can it stay as credit until I purchase th...
Nnabuenyi Anigbogu
New FHA guideline
Hello all,I have a question about a new FHA guideline that my loan officer just informed me off. He said that starting in Jan 1st, FHA does not allow you to count rental income from a property that you are departing u...
Cathy T.
What reserves are REALLY required when buying my second property?
Brief background...I have a duplex where I lived in one part for four years, and rented out the other part. One year ago I moved out, and have rented out both sides. All is going well there, and I have been actively l...
Neil L.
Digital Signatures for Short Sales? HOW?
Has anyone had success with Digital Signatures on Short Sale paperwork? I rarely use digital signatures on short sale paperwork, and more often than not, the lender will make us redo the documents with digital signatu...
Charlene Isoh
Freeland Ventures Review
Hi Fellow Bigger Pockets Family,
I am seeking more creative ways to continue to build my rental portfolio in Cleveland and was recommended to check out Freeland Ventures.... my stratgey to buy sfh's that numbers make...
Account Closed
Choosing a lender
Hello all, I am a Chicago area investor with a contract on my first property and am trying to decide on a lender. Specifically, I'm hoping to determine what criteria you look for in a lender. Here is some further ba...
Samantha Otero
Creative Financing Owner Occupant
Hello Everyone!I just recently purchased a SFH as an owner-occupant and wanted to prepare for my next investment purchase! My question here is: Would I still be able to qualify for another conventional mortgage before...
Murali M.
Lock interest rates for new construction
I purchased an investment property which takes 6 months to complete. Given the increasing interest rate environment, wondering if locking rates for 180 days is a good idea. Has anyone done this before and do you have...
Billy Joseph
Questions for Lenders
Hi Guys,I'm starting my vetting process of various mortgage lenders in my area. I have compiled a nice list of questions based on the article 7 Questions Real Estate Investors Should Ask When Selecting a Lender. Can y...
Sandra MacKenzie
Anyone work with Catalyst Funding
Has anyone worked with Catalyst Funding out of Houston, TX? I got pre-approved with them on the recommendation of a fellow investor. Now looking at my first flip, crunching numbers and had Catalyst provide a loan es...