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Hey BP family!
I want to use creative financing on my next deal. A common objection I hear when speaking to sellers is that they'd love to sell to me subject to but it will affect their DTI when they go to buy a new...
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I am a non occupying coborrower, on a rate in term refi, attempting to purchase my first home. The issue I am running into is lenders having an overlay requiring 12 months of payment receipts in order to dismiss this ...
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I have been looking at doing a DSCR loan but looks like I'm giving up on that as DSCR loans require bank statements anyway and if I'm going to provide that, I might as well go Conventional and have significant rate sa...
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I have a question regarding providing proof of Employment when attempting to get an FHA loan. I just relocated back to NJ from FL. From July 2017 to June 2019 I worked with the same company. From July 2017 to Dec 2018...
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I am familiar with the 60 day rule as it applies to borrowing and paying back an IRA within 60 days without penalty, but wanted to know if the same applies to a SD 401k?You might suggest a loan from the 401k but I alr...
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Hey All,
I am seeking advice on Private Lenders that fund portfolio loans. I have spoken to my broker and the loan amount for several of the houses is lower than they fund. I am looking in an area that has started to...
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I am on the hunt for my first real estate investment. Would you say it's necessary to create an LLC to purchase the property? located in Missouri, St.Louis area
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I am curious to see if anyone has successfully funded with Zoomeral and Genie Investments. We are looking at them as an option but wanted to see if I could verify the legitimacy of what they offer with others that ma...
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I need to open one up before the end year. A quick search yielded me mysolo401k.com. They charge 425 to start up an account, and 125 a year for maintenance. I will probably start doing the maximal 57k contribution for...
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Hi - what are everyone's thoughts on getting an llc on rental properties? I have heard a lot of conflicting advice on getting one. I have heard some recommend it, other's say the liability insurance should cover it, a...