Eric Hipolito
DSCR Loans / Lender Recommendations
Hello BP community,
I'm new to BP, but excited to learn through so many forums. I'm looking for my 2nd investment property and was waiting to reach a 2-year mark of my W-2 job to apply for an FHA loan or HELOC. Howe...
Corey Dutton
Banks Closed For Business in Europe: Private Money Lenders to Help Distressed European Investors
Times are tough in Europe. Bank lending in Europe right now is similar to bank lending in the U.S. during 2008 and 2009. Essentially non-existent. Although bail out monies are being moved to the most troubled banks in...
Oriah B.
Thoughts on buying this NPN?
I am considering to buy this NPN. I have been successful in buying and profiting on notes and am looking to get back into since my REO supply dried up and there's no money in flipping properties right now. I offered t...
Mark Spritz
Looking for Refinance of personal Home, must understand SOLO 401K
I am having a big problem. Since Dec I have been trying to refinance my personal home. I have now tried 3 mortgage companies and have gone through the whole process only to find out at closing that I cannot sign the p...
Sheila Nyandebvu
No Settlement Statement Provided
I recently closed on a refinance conventional loan, and rushed through the closing as we were trying to use the funds to finance the downpayment of a purchase deal. A settlement statement was not provided or signed du...
Stephen B.
Refinance 6-unit property
I am currently under contract for 3-duplexes on one plot of land. My financing fell through and I am in a scramble to find financing before closing. The purchase price is $124k and I can put up to 40% down and local b...
Sunny Patel
Question regarding SDIRA qualified vs disqualified transaction
My father wants to use his SDIRA to provide a loan to the LLC him and I are equal partners in.The loan would provide the additional funds we require to purchase an investment property.The LLC would pay principle and i...
John Haveman
HELOC lender to LLC with foreign shareholder
Hi there!I'm looking for recommendations for a HELOC lender to an LLC with a foreign shareholder.Property - Atlanta, GAProperty valuation - $240,000 (Zillow $279,000 unlikely)Current mortgage loan - $120,000LTV requir...
Chris Robertson
Buying a Fannie Mae owned property using hard money?
I am a new investor and I am trying to get an offer accepted on a Fannie Mae Homepath property in Baltimore. I have had no previous experience with the agent who showed me the property and I get the feeling that she ...
Audrey Cranmer Moini
What is the Best Way to us your 401k to buy a Home?
Okay, so I am running into an issue right now. I have plenty of money to buy a home but it's locked up in a 401k with an employer I don't work with.
I want to find a way to not have loose 40% for taking it out before...