James Babb
Partnership / Private Lender ??
I'm going to paint a hypothetical here, and please forgive me for being a complete noob.Here's the hypothetical:I'm looking to buy/hold long term and have settled on a 4-plex with some nice value-add opportunities. (H...
Jordan B.
Conventional loan with 1 year work history?
Hello,Has anyone had any experience getting a mortgage from a bank with only a 1 year work history? Would an FHA loan be easier to get with such a short work history?Thank you,Jordan
Branson Berger
First time home buyer
I’m buying my first property using a VA loan. It’ll be a duplex. It will be my primary residence. My sister is going to live in the second unit and pay me rent. Is there a way to receive rental payments from her with...
Kelly Cole
How do out-of-state referrals and commissions work
I was exploring the possibility of purchasing a property out of state (in Texas : ) ) and was wondering:
1. Can agents get commissions/referral fees for their own purchases out of state?
2. Has anyone done this bef...
Janani Rangaraj
Addition or ADU?
I am interested in adding a 264 sq feet space in my front yard, attached to the main home for rental purpose. It would contain a kitchen and a bath and have its own exit. I am also adding another bath in another porti...
Account Closed
Owner Financing on a multi-use property
Hey BP, I came across a deal on a multi-use property. I'd like to attempt to owner finance. Anybody have advice on this? Typical down pmt, financing, ballooning? Any help would be great! Thanks
Brandon Vogt
HELOC for rental properties
I own a handful of rental properties that have appreciated nicely over the last 4 years. 3 of them are owned free & clear. I'm looking to get a line of credit against the sum of the equity on the properties to use...
Allen L.
Have you guys used personal no collateral loans for real estate?
I recently received a letter from a company claiming that they can give me funds up to 250K, no credit check, not reported to credit bureau, and between 6.99 - 11.99% interest, up to 12 year amortization, and funds in...
Michael Whillock
Note transfer of ownership - How long does it take?
I am fairly new to note investing and interested in purchasing notes. Most of the advice points to purchasing a performing note first before moving into NPLs. That makes sense and seems like a good approach to get mor...
Ken M.
Avoid foreclosure rescue schemes at all costs - here is what to look for
What is a foreclosure rescue scheme?
A foreclosure rescue scheme is a type of fraud that takes advantage of homeowners who have fallen behind on their mortgage payments. The fraud perpetrator approaches the homeow...