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Good Morning BP Universe,
Yesterday I came across a property on my local (Cincinnati) REIA website. The seller said in order to walkthrough the property, I had to have "Proof of funds". So I called around to a few Ha...
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Good day!I have a family member who is interested in selling another family member a portion of their holdings in a wrap scenario with what I perceive to be fair terms on properties the Seller owns outright. The selle...
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Hello! Kind of a simple question here so maybe someone can help me answer it. If a broker brings me a loan for an interest-only, short-term note that balloons, which forms does that broker need to provide to me, the o...
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here is my situation.. I bought a 2 family rehab (putting it mildly) for $30K. I have invested in this property roughly $12K and have brought the value up to about $65-70 (a little cosmetic work has gone a long way) ...
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Hello,I wanted to reach out to the forum for advice on cash out financing referrals in my situation. I have been living and working overseas past 14 years (Dubai)but I do not receive a W2. I have been having a hard ti...
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Just curious if anyone has any thoughts on pitting lenders against each other. I have a lender who keeps on asking me to give them the other lender's term sheet so they can "beat it". And I keep on telling him th...
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I have bought a few rentals in the Chicago area and am put off by the considerable closing costs, especially from the title company. I'm looking at something right now and the down payment is $18,000 (20% down) and t...
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I am looking to purchase a 8 unit property. i need assistance with down payment how do i raise the capital for down payment. Any suggestions would be highly appreciated.
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Loan Depot is by far the most incompetent lender I have ever dealt with. I started a refinance on Sept 9, 2019 with an appraisal that had been completed on July 2, 2019. The staff said we could use the appraisal bec...
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I have my personal residence in Orange County California that I've owned about 1.5 yrs and we owe $690,000 and it's worth about 1.05m. I have a garage I'd like to convert to an Adu, and I can self fund the Adu. My ...