Brian Gibbons
Dodd Frank News Oct 22, 2014 - CFPB Finalizes Qualified Mortgage Points & Fees Cure
On October 22, the CFPB finalized targeted amendments to the Dodd-Frank Act mortgage rules that took effect in January 2014. The amendments include: Points and fees cure. Under the Ability-to-Repay/Qualified Mortgag...
Chris Chappell
Self-Directed IRA and BRRRR
Is it possible for a person to use their own Self-Directed IRA to buy and rehab a house, then get it refinanced to pull the IRA money back out as a method of buying a rental property? If so what would be the difficu...
DB Brooks
Could this work?
I'm a somewhat recent grad making a fairly decent income. Was planning to save up over the next 6 mos to a year to purchase a home (that will eventually be a rental property). I know some people that I am very close...
Raul Pedrozo
seller financing to home occupant - Dodd-Frank
Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...
Matthew Rembish
Marketing for Leads: Direct Mail or SEO?
Being a full time Flipper from NJ, I’ve been getting very frustrated with the MLS lately. Even with having some of the best agents in my area, I haven’t even come close to landing a deal in over 2 months, and I’ve com...
Jordan Santiago
HARD MONEY FOR A RENTAL PROPERTY
Hello BP fam! So I am in New York City, and I desperately want to buy my first rental property. I am 21 and my goal is to eventually acquire 1,000+ units. As everyone knows, New York is extremely expensive so I was wo...
Austin Tondreau
Noob from Chicago Suburbs
Hello Everyone!
I am Austin, currently living in Naperville, IL. Currently working as a Product Manager/ Sales Engineer for a Heavy Duty Manufacturing Company out LA. I get to travel for work, and really enjoy my jo...
Freddie Williams
BRRRR Strategy... Question
I have bought and flipped for quite sometime but now I want to change my strategy to purchasing and holding properties. Guess my first question is how is this possible. Most lenders now want 20 % percent down per purc...
Joseph Ziolkowski
Experienced wholesalers, possible good deal in the works. Could use some advice though
Hi all! I am speaking with a woman who has a probate property she wants to get rid of. I figured the quick sale ARV to be around 110,000. It seems to need about 20,000 in repairs, 2,000 in back-taxes. The original mor...
Keith Belzner
Not sure if this would be a lease option deal.
Hi BP, So I meet with a seller tonight and I want to help them if I can.I am not 100% sure if this a lease option or just overpriced. If anyone here, after reading this could assist me further please PM me. If these n...