Hugh O'Neale
Partnership Agreement, Fico for credit line, Commercial RE
A CPA friend and I want to form a limited partnership. He has a great credit score and offers it for me to acquire an unsecured Line of Credit that I will use for earnest money deposit and soft costs associated with t...
Steven Lemma
Lenders for rental properties? Programs?
Looking to put 300k cash to work and buy some rentals in Oregon. I have 715 mid score. What banks/lenders are good in rental lending ? Any recommendations? Thanks!
Alex Agafonov
How to buy a second property?
First time poster, but definitely not my first time on these forums and I am never disappointed with the wealth of content on here. I am 23 and just closed on my first property this week using an FHA loan. I will hav...
Josh Randall
Seller contribution towards down payment?
Is it possible to structure a deal where the seller contributes toward the down payment? For example, rental property purchase price is $30,000. Lender requires 20% down. Assuming the property appraises for $30,000...
Ratna E.
Lender's req on borrowing money for investment property
Hello BPers,I can't thank BP enough for the motivation it gives me every day to pursue my real estate dream. It is a great platform to learn and be motivated.I'm in a situation where I'm under contract on a SFH and I'...
Shiv B.
Tenant Screening and Approval Questions
Hello all, just looking for input on how to address the following situations with a rental application:a. Applicant has indicated previously owned a home with spouse but is currently going through divorce and living w...
Matt B.
Emotional Support Animal and Carries Firearm
I'm not sure where I am going with this, but what are the thoughts on someone having a need for an emotional support animal(prescribed by psychiatric doctor) and carries a firearm?I'll say I support the 2nd amendment ...
Shaun Draughn
funding reno cost
Evening BP. I have a question. There is a deal that I want to acquire, the property is listed at 61K thinking about offering 55k so say I get the property and pay cash for the house but I want to use creative fina...
Madeline Ledbetter
Duplex Lending after hard money lending
I am finishing up a Duplex flip with a hard money lender. I have decided to keep the property rather than sell. I am looking for a HELOC or a cash out mortgage that allows me to do the maximum loan to value.
Robert Pfenninger
Capitalization on multifamily utilities!
I think I may have found a way for multifamily investors, property managers, and apartment complex investors to capitalize on their tenant's monthly utility bills such as internet, electricity, phone, etc... Looking f...