I just had what seemed to be a great family of 3 come look at an apartment I'm renting. When it came time to fill out the application they asked if a Passport number (not from the US) would be Ok as they didnt have a...
We own a duplex with a DSCR of 1.5 (from what I understand) and about 60% equity. When the pandemic hit we took out an equity line and I pulled all the cash out and put into a savings account out of fear that they wou...
Deceased owners had a reverse mortgage,daughter is the the trustee and POA,we submitted a purchase offer to the bank,haven’t heard anything from bank. I heard if reverse mortgage was backed by fha they will step in to...
Hi my name is Ryan Clark out of Tampa Florida, I want to start my real estate investment journey, and need some advise on the best way to get a loan for my first property .
Wow, Was just told by the realtor that has been trying to do a Short Sale on my condo since April 2014, that the bank will not accept less than what they want. She now wants me to list it for retail because the pric...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $185,000
Cash invested: $220,000
This deal was brought to us by a wholesaler that we work with regularly. Numbers w...
If you purchase a BRRRR, can you also execute on purchasing(financing) other properties in the mean time if you have the capital to start planting seeds? and if so, eventually mortgage lenders will begin denying you b...
What questions and answers are lenders looking for when contacting them to borrow money
Hey everyone! I was just listening to podcast 9 and Ann had mentioned that it is possible that hard money may not be viewed the same as cash. Can anyone shed some light on what this means exactly? Is there a way fo...
Hello BP!I am looking for some advice. I have come across a deal where I can purchase single family property in a C class neighborhood with an infinite COC return once I refinance. The property is in great condition (...