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Results (7244)
Account Closed 'Cash' offers with 'Proof of Funds' not worth even the paper they're printed on
8 March 2015 | 6 replies

any tips on how to weed out covertly contingency-type offers from serious direct buyers?obviously not all investors resort to wholesaling tactics once they get ur attention by flaunting 'all-cash' offers and ' proof o...

Ben F. Can Multiple Investors Pursue One Loan Together?
25 September 2018 | 8 replies

Hello BP Members,My inquiry is regarding if multiple investors can acquire a loan together?  If there are 3-4 people, can financing be pursued for a real estate flip project? How does the financing work; primary owner...

DAVID GAGE Better to borrow from Bank or 401k?
8 April 2011 | 3 replies

Looking to borrow about $20k to help with the purchase of another rental property. I have the ability to refi one of my houses or I could borrow from my 401k. Not sure of all the details about the 401k loan, I do know...

Terone Johnson Pre approval letter
28 November 2016 | 6 replies

Hi everyone,

I am looking to get some advice on getting a pre-approval letter for a property I am interested in buying but the realtor is requesting a pre-approval letter. I haven't even decided if I want to do har...

DAVID SCHREIBER What interest rate should I expect to pay to buy, fix and flip?
15 December 2018 | 6 replies

I am a newbie outside of Syracuse NY.  I am interested in trying my hand at a fix and flip.  I may have the opportunity to borrow the investment capital from a family member.  Not as charity or a favor but as a win - ...

Letisia Crespo FHA Guidelines on Student Loans Calcs for Ratios
21 August 2017 | 6 replies

I am receiving conflicting information from different lenders, when it comes to the way student loans are calculated toward ratios when obtaining and FHA loan.   While I did some research and found the verbiage direct...

Troy Forney Where should funds come from?
10 January 2016 | 6 replies

I have two single family homes a recently purchased.  Both are cash flowing nicely and I am wanting to go forward with a third.  Problem is I am running out of funds.  The way I see it, I have four choices.  1) Tap i...

Corey Barnes Pre-foreclosure experience anyone??
15 August 2020 | 8 replies

Essentially, the previous owner has passed on, His family is in a distressed financial situation. The previous owner passed without a will or trust, so the property is intestate.
The family couldn't afford a probate ...

Robert E. Homeowner has quitclaimed to someone else under the same roof
21 July 2021 | 5 replies

I'm looking at a property due for auction sale in IL. A few weeks after the Lis Pendens was filed by the lender, the homeowner executed a quit claim deed to transfer ownership of the property to another person residen...

Andy Mirza Help with Checklist for BK 13 Filing
11 February 2020 | 11 replies

I'm looking for help from the crowd on this one.I'm putting together a blog post with a checklist that a creditor/lender should follow in case their borrower files a Chapter 13 bankruptcy petition. The purpose is to p...