Clayton Crawford
Private money "testing the water"
Hi All,I want to share my upcoming adventure with the BP community to see what everyone thinks of this method of creating financing, as well as ask some questions about loan agreements.I am currently waiting for a rep...
Will F.
Hard to refinance a simple owner occupied loan
I'm trying to help a family member who's a real estate investor and physician. He makes plenty of hundreds of thousands of dollars as the W2s and tax returns show to cover this simple loan. They simply want to d...
Alvaro Briceno
Owner Financing: Taking over the loan-Simple assumption
Anyone experience in taking over a seller's existing loan? I read that in some cases depending on the date the loan was created that FHA and VA loans you do not have to qualify but in most cases you do. I know you can...
Liliana Ruano
Delayed Financing Exception - Lenders near Raleigh, NC
Do any of you have personal experience using the delayed finaning Exception? More specifically, have any of you used a bank local to the Raleigh, NC area to do this type of financing? I am looking to purchase a prop...
Toby Kim
First Property at 25
Investment Info:
Single-family residence buy & hold investment in North Charleston.
Purchase price: $130,000
Cash invested: $4,550
SFH 10 minutes drive from downtown Charleston. Last affordable...
Bradley Garza
FHA One-Time Close Construction Loan (Construction to Permanent)
I have formed an agreement with a builder to begin constructing a new multifamily property but the lenders that I have spoken with do not offer FHA construction loans and that is a requirement for my builder. I reall...
Nathaniel Cherubini
Using all of the tools of a owner-occupied residence to build wealth.
Investment Info:
Single-family residence buy & hold investment in Murrieta.
Purchase price: $440,000
Sale price: $675,000
Purchased with 5/5 ARM, no money down and walked away from closing with $...
Will Spruill
Lending Questions
I've been dealing with US Bank trying to get a loan to get capital out of two out of state rental duplexes. Long story short, I've gotten nowhere. My question is, what is a better lender for this type of situation? ...
Will Fraser
Problems? Problems are opportunities!
Investment Info:
Other other investment.
Purchase price: $180,250
Cash invested: $180,250
Contributors:
Alejandro Siguere,
Hugo Urbina
This one isn't your average cookie . . . ...
Derek Ferguson
How long before I should contact a local bank about refinancing?
I just closed on a 4 bed 1.5 bath in Roanoke, Va. The purchase price was 61k and I put 25% down. I got the loan through a local credit union. My payment including taxes and insurance is $397 per month and I believ...