Hello BP members. We own 6 properties free and clear in Lake County IL. (4 condos and 2 SFR). The total value is about 1.1 million. The properties were purchased through a 1031 and are held by a single-member LLC. We ...

Investment Info:

Townhouse buy & hold investment.

Purchase price: $99,900

Cash invested: $72,900

This is a 2 Bedroom 2 1/2 bath with each bedroom having a full bath.

What made you inter...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $99,800

Cash invested: $150,000

Purchase Price: $99,800 + $3200 Closing cost = $103,000

Rehab: $50,000

ARV: $250...

Non QM Loans VS Portfolio Loan I’m a business owner, I don’t have much w-2 history so banks and credit unions always reject me. I want to get into real estate investing which loans have the best rates and terms that c...

Newbie question,

Looking at a house for $79k. But it has 1 loan sitting on it for $240k.

If I was to show my intent on the property and turn in an offer, is the bank going to negotiate the price with me ...

I have a potential off-market commercial property deal in CT consisting of commercial garages, a multifamily house, and some subdivided buildable land. I don't have sufficient cash on hand for the 25% down payment usi...

Ok here is my situation. I live in Friday harbor, I have been renting a great little property that I have fallen in love with. The landlords went bankrupt , and the house went to auction. didn't sell. Now has been tur...

I have a Wells Fargo shortsale that will make a great rehab. I have a good BPO price and was on my way to getting it approved. However Citi Financial who has a small second will not accept a 10% payoff for short sal...

I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...

Hello all--what a whirlwind this market has been!

I have a few inquiries--but first some background info:

We looked at a house 8/6/11 and our realtor went to write up an offer for 8/8/11. She discovered that the FM...