AL DURAN
How big will the nest Real Estate downturn be 10%-55%?
The last downturn here in SoCal was about 55%, yep people lost 55% of their value in their Real Estate holdings.A $500k home went down to $250k or less on the average.Now is your time to contribute your opinion, we ar...
Lauren B.
Will my Doublewide Buyer actually close with an FHA loan?
First day on the market and my flip (20yr old doublewide) has an offer $10k over asking. Yeay!
The clincher - it’s an FHA loan.
Does anyone have experience with FHA and mobile homes? It’s on a permanent foundation...
Neil Whitney
Bad Credit Applicant
Hello everyone, I have received a application from a tenant who has bad credit. 574 scoreShe makes extremely good money, 8k per month offshore. Should I make her give a larger deposit?have a cosigner?move on and find ...
Jeremy Turner
ALL cash deals
How do you get around the problem of showing the realotrs the prequal letters when you are using private funds?
Todd Nordstrom
How will Lender look at this situation??
My wife and I currently rent here in Hawaii and I am looking to buy and hold out of state where I am from.Our current situation is I earn w-2 decent salary, same line of work for 16 years, same place for 10 years. My...
Jared W Smith
Market Research / Family as boots on ground
Hello All!
I am researching a market to jump in and purchase some rental properties for buy and hold out of state. This is likely to be an area I would like to stay in long term and build a portfolio.
I did the @Da...
Katy C.
SFR in AZ
Hey BP world, looking for some advice / criticism / validation / whatever. I currently have a SFR in Gilbert, AZ that has a great property manager, solid renters, and although it wouldn't meet the income parameters a ...
Dave Fairb
My neighbours turned down a million bucks
I got my neighbours together for a land assembly 3 years ago.
We had a solid written offer from a local developer for 2.25 million + we could live in our houses rent free until they were demolished, likely 2 to 3 ye...
Chuck Hollowell
BRRRR in Charlotte NC
I am looking to start using the BRRRR strategy in the Charlotte, NC area. I need to find a lender who will help with the refi after I have the property renovated and rented. I know many will require a seasoning peri...
Matt Chandler
Negotiation Question
I have about 7-8 files in negotiating right now with about 4 different banks that have all been assigned negotiators and have had BPOs performed on them. Most of them even with 2 BPOs or appraisals. All 7-8 file bank ...