Melissa Searing
Know of any conventional lenders who don't require PMI?
Hi BP! Do any of you know of any conventional banks who will lend with no mortgage insurance without 20% down on a primary residence? I read about a program with Bank of America. http://money.cnn.com/2016/02/22/real_...
Samuel Larger
Best Use of Personal Resources
So I am stuck with a dilemma,
I want to get into buy and hold investments but I feel as if my resources for that market is very limited. I worked hard to pay for my college without taking a loan because I tho...
Kevin Akers
Cash-out Refi or Line of Credit
Hi everyone!
I have a quick question and would love to hear your thoughts. If you have a couple of rental properties with some equity, and you're looking to tap into that equity to fund more investments, what would y...
Huso Akaratovic
Auction Purchase...Evil Tenants= HELP!!
Greetings, I purchased a property sight unseen at the court house Auction in Virginia. I went to introduce myself and discovered that the people living there are not the owners. According to the information they gave ...
Account Closed
Mortgage-Backed Bonds, Spurred 2008 Crisis Are in Trouble Again
Once again Mortgage Backed Bonds (Securities) are the only thing holding the housing market together. Why is this a big deal?
1. In 2008 the problem was sub-prime mortgages "guaranteed" by MBS, Mortgage Backed Secu...
John Caleb Pavlus
Who are you CASH OUT REFI'ing your LLC owned properties with?
BP,
Curious who you are working through to cash out REFI your properties that are part of an LLC. What terms are you being quoted?
Thanks!
~Caleb
Bryan Casteel
What is Going On in the Foreclosure Market?
With a little encouragement from juzamjedi, I am reprinting a recent post from my website:
------------------------------------------------------------
Foreclosures are going through the roof and seem to be continui...
Jenner Birukow
Newbie investor from British Columbia, Canada
Hi BP!My name is Jenner. I've been browsing the forums and reading blog posts for a few months, and it's now time for me to start actively engaging. I’m a stay-at-home mom living outside Salmon Arm, BC. My husband and...
Sean B.
Underwater but have an interested party.
So at the the height of the boom, I did the unthinkable. I purchased a condo with an ARM and have since needed to modify the loan. It is not a Freddy or Fannie and the modification lowered the payment and interest t...
Lucas Rowell
Number Crunching a New Deal (Need some fresh ideas) : )
Hello and Good day BP family,
Hope you all are having a great start to your evening.
I received an interesting call tonight from someone who's family member is behind on mortgage and needs out.
After talking to...