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Hello all.
Well I have been looking for some time now for another decent deal, and I came across this one..
Small 3br brick twin in decent part of town. Fannie Mae owned and listed @ 44900.
The place isn't really ba...
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In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
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Hi Guys,
I have been buying and attending auctions for a while,
there is a property i am doing my dd on that has a 2nd mortgage foreclosing on it, with 1st still current.
I haven't attempted to buy a 2nd lien pos...
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I am trying to help a friend who is a landlord. My friend is owed 8k in rents, his tenants always pay late, pay half, or don’t pay at all. They’re very behind and over the last two years he is owed around 8k. They are...
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I have long had 4 financed properties so I have been paying 25% down plus closing costs for each new investment. I takes time for me to scrape together that kind of money for my buy and hold investment style. Whe...
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What challenges have you faced or are you facing while closing an acquisition during the pandemic?We encountered some lender challenges regarding onsite inspections and state wide shelter in place orders. It's been in...
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Hi,
So far I have been using my IRA to purchase properties so the POF has not been as issue as I have been just using cash from within my IRA. So the whole POF thing is a bit new to me.
With that being ...
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Hey everyone. So we've been looking at a property and went to go get prequalified. Both my wife and I have had high (800+) scores all of our lives, but when my credit was pulled we found a nasty surprise. Apparently f...
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I filed chapter 7 bankruptcy 2 years ago. Since that time I reestablished credit with a score about 650. I also purchased my home cash. So I have full equity. My question is how long after bankruptcy will lenders star...
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I have two questions. I'm new to bigger pockets and it looks like people here can help. I'm going to purchase a investment property for 40k the tax assessment value is 130k. It needs minor work. Should I purchase a...