Benjamin E.
Help! Loan Officer screwed up three days before closing....
Please help! I am three months in to looking at properties, finding one, negotiating the deal, getting under contract, clearing inspection items and seller credit, getting the lender appraisal, etc etc. Closing date i...
Craig S.
Is Net Income or Gross Income Used For A Mortgage?
Hello,
I am looking to get financing on my first deal. I am looking at purchasing a multi-family apartment (max of 4 unit) through the FHA program.
I am 22 and self-employed. My gross income is a lot higher than my ...
Danny Yeap
Bay Area to Dallas Investing
Hi Everyone, It's my first time posting on BP. I'm considering investing in Dallas, TX. Does anyone know any websites or other methods to find good deals on property? I've mostly been using Zillow and looking at the ...
Isla Arshad
Starting out with a rental - Advice and critique on the property needed.
Hi friends!I just got my first property and put it out for rent. I have 3 people contact me so far but no serious leads. The property is fairly new and well-kept and I am planning to not allow pets (I miss out on a lo...
Juan David Maldonado
Seller Financing VS FHA Loan
Is seller Financing a better option versus using the FHA loan to find a property? What's a better situation for seller financing? Thank you!
Prince Martinez
Confusion on adding units to MR2/multi family residential
I have looked into a multi family home in Dekalb County Ga. I was conservative in my deal analysis on this property. My main concern is being able to take the two largest units and essentially build a wall in the midd...
David Lander
Mortage for me? First time buyer, 1 year of income, 30% down,
TLDR: My fiance wants to buy a house (to use as her primary) for 300k and put 30% down but only has 1 year of income. Is there a mortgage she could qualify for?Applicant's Goal: I am a 28 year old
first time home buy...
Thomas Stanley
Selling Low income houses
2 years ago I purchased a package of low income houses from a friend in the business. All together the houses were around 85k. There not in terrible shape but are low income. When I bought the houses, I inherited a pr...
Paul Schaefle
House Hack With Non-Conforming Garden Apartment
Your goals and story: I have a multifamily home under contract. I am planning to "house hack" by living in the basement unit. The property is only permitted for two units, but there are a total of three units. The bas...
Bryan Normal
Is this Hard Money Lender a scam or not?
First time vetting hard money lenders for a flip I have under contract but not closed yet. One potential lender has attractive terms (8%, 2 points, 100% financed, no prepay penalty), but on the phone he has very spott...