Hello everyone,

My partner and I are getting into short sales. I have a background in this area and we feel it would be an added bonus to our portfolio of business.

I know that each lender has different requirement...

During the COVID years, I know people were able to refinance rather quickly (3-6 months). How has that changed in 2023 (going into 2024)  considering the higher interest rates and economic inflation from late 2022 thr...

Has anyone utilized a non-conforming FHA loan? I'm a first time buyer having trouble financing the type of property I'm looking for (two separate dwellings on acreage). I can't/don't want to swing 20-25% down for a no...

Hi,I'm playing around with the rental calculator and have a question about the category "total cash needed" that is determined after the deal is analyzed. Is this the amount suggested by BP that is the down payment, c...

Does anyone know the rules about using gift funds for investing in property? I heard you cannot. Does this rule vary by lender, state, or is it federal. Have a client that was hoping to use funds from a parent for thi...

Hi All,I have been exploring for the past couple months and recently came across some first time home buyer programs that I think I need to take advantage of. I am scrambling to find more information as there is one d...

I see some landlords say they own 10 or 20 rentals. I am not sure how they are able to do that - not the loan part as I am aware there are funding structures etc. but the cash reserves part. Don't people hold some cas...

Read this morning that through intense lobbying by the mortgage industry ( some one got through to someone to talk sense into them)the govmit suspending the 7% rule  this should put some downward pressure on Investor ...

Hi BP!I had some questions regarding cash out refi portion of the BRRRR strategy. What are the main criterias that lenders look for when you go to apply for the cash out refi? 2 year tax returns, seasoning period, cer...

My lender would not let me cancel my impound account until my LTV is 80% or less. Their LTV is based on the appraisal from 1.5 years ago (much lower value) rather than current FMV and they wouldn't revalue the propert...