Cory Lucas
Refinancing options, local lender changed their policies
So, I was getting really favorable loans from a local bank. They would finance purchase price on a BRRRR, repair costs, and if I did my figures right closing costs too and I would rarely be out of pocket. Now they've ...
Shahab Siddique
Good credit unions in Chicago?
I am looking for the best possible deal on a mortgage (leaning towards higher credits as I plan to fix and flip) on a 5 percent down mortgage payment. I've looked at a lot of banks, but am curious, does anyone in the ...
Denis Ponder
Early Check-In Options on AirBnB Platform
Good morning,I have a guest asking to check in earlier which I am happy to explore. Right now, the night before they are scheduled to arrive is available, so an early check-in could happen IF the night stays vacant. ...
Brian Desaulniers
Need a window replacement contractor in Orlando?
Does anyone know of a subcontractor to replace the windows in a rehab? Not looking for the obvious big window companies that charge an arm and a leg for more or less the same work a sub could do.
Kevin Schick
Moving property from S-Corp into LLC
I have a couple S-Corp owned properties that I bought as short-term projects but then ended up keeping due to the current market. I also have a number of LLC owned properties that I want to keep for a long time.
I'm...
Nick Dillaha
Do I need a commercial loan to refinance my rental?
Hi BP!
Just looking for a little advice on refinancing. I own a rental townhouse/condo in my area and currently have an ARM with my local credit union and am looking to refinance the property to a 30 year fixed. My ...
Ivan Alfaro
A question on LLCs
Seems I've been reading a bit about putting properties under an LLC. So I have a question on the financial sensical-ness of this move that stems from the interest rate.
Isn't a property under an LLC basically...
Ricky Clemmons
First Potential Deal: Short sale
Hello BP,I have a family member who is sick, upside down on his mortgage, and can no longer afford his mortgage. I suggested he do a short sale in which I would like to pursue. I have never done a deal before, this wo...
Benjamin Cowles
Help interpreting CAD information
I'm taking preforeclosure leads from an online publication's public notice, checking them on the local CAD to make sure they're not under water and one I ran into says under the "last transaction" section:"Sales disqu...
Levi T.
Sell loan servicing rights
I was working with a broker for a personal loan on a 2nd home, and I noticed in the document they had plans to unload the service rights on the loan fairly fast, but that got me thinking about the business itself, and...