Hey everyone,I currently want to buy a foreclosure property that used to be residential and is now a church. My end goal is to sell it as a residential. The bank would not except a Deed in Lieu from the owner, probabl...
Where are the investors at in Illinois, when you have great deals to invest in???? How do you earn trust with investors????
I'm noticing HML's in my area only lend to your LLC. My question is, how would one refi out of the loan if using BRRR method? I'm not sure it would be possible to get a conventional refi in your own name if the pro...
Hi,
I maxed out on my Fannie loans so I have been searching for portfolio lenders. I found one that lends at the following terms:
Interest Rate: 5-year FHLB + 3.00%, floor or 5.95%
Adjusts every 5...
I just came across Auction.com and wondered if any one from the BP community has ever purchased property from the website?
I seen a few properties I was interested in. Are pretty much all the properties bank owned a...
I have 30K a mediocre job and a credit score of about 630 what should i do. My plan was to buy a cheap foreclosure, hud or fannie mae home for maybe 25K and use the 5K left for remodeling and use this method until my ...
So, I finally got the knowledge to start investing, and I decided to act on it. I started an LLC, and went to a local REI club meeting. I found a nice Fannie Mae REO property, and I called the listing agent. He tol...
Hello everyone! I’ve been investing SFH and townhomes in North Carolina for a little while now and would like to take the dive into multifamily. Specifically looking at small apartment complexes (8-14 units). For thos...
My girlfriend is trying to get a primary residence mortgage loan with a low down payment, and has decent income, however she is running into trouble securing lending because she has both a 1099 job and a W2 one.
The ...
I just got approved for a mortgage in Humboldt, California.
It was an absolute nightmare with self-employment income being verified by fannie mae/freddie mac rules, and not being able to use income from new LLC's I h...