Maiddo Esho
New from Buffalo NY.
This is Maiddo from Buffalo, Ny. My wife and I am interested in buying and holding rental properties. My wife and I are presenting looking for our first property and hope to close on one or more before the end of the...
Juan S.
Buying Bank own Properties NOT Listed for Sale
Hows it going BP,While driving through an area of town where I would like to invest (Diving for $$) I came across a ton of properties in really REALLY nice neighborhoods that seemed to be abandon. You know the typical...
Joseph Crunkilton
Bank Account for Rental Money
All, I am looking at closing on my first rental property in the middle of next week. I am finishing up insurance and looking to open a specific checking account for the property. I was planning on just using my normal...
Huggy Baird
Tried to get a loan today... am I radioactive?
After having the door closed over and over years ago, @James Vermillion inspired me to try to get a loan with his blog post
http://www.biggerpockets.com/renewsblog/2012/05/27/financing-first-real-estate-deal-pitch-ne...
Dewayne Askew
How do you convince a seller to do owner financing?
I am just starting out in the real estate investing I have found some properties I think would be great investments for my first deal. The problem is I don't have the down payment required for the properties. I wanted...
Calvin Lipscomb
Financing Options in the South Shore Area
Seeking some financial solutions for a cash-out refinance. My group purchased a property with cash while our long term financing application was being processed . There was 1 non-performing tenant that we were aware...
Jason D
Buying from banks with loss share agreements
Hello!
I have recently done some work as a broker for a bank that has taken over another through the FDIC back in 2009. In talking with my point of contact at the bank he explained that they have a loss share agreeme...
Cosette Trantow
FHA loan questions to ask my lender
Hello everyone in BP land, I hope you're well. Part one of my real estate investing plan is to get an FHA loan for a house hack. There's a large speed bump on my road there, however, because my work has not been stabl...
Anthony Sulecki
Seller Has No Info Required By Bank
So Im in the middle of my first solo shortsale. As you guys know, the bank requires w-2's, and all kinds of other income info from the seller. Well, the seller has nothing. She has no banks accounts, has no recent w-2...
Mike Girard
Cash buy --> Rent out --> Refinance?
In another thread I asked about workarounds to being unable to get a mortgage. One person suggested that I could refinance after buying a place with cash and renting it out, the idea being that having occupants paying...