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My mother passed away 2 years ago, I finally got the estate closed out and got my name on the title. The mortgage I am still paying is still in my mother's name but it has a HAMP incentive, so next year it will be fin...
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I have a client whose loan was recently bought and transferred to another servicer. After much back and forth the loan servicer finally gave them the accounting. What do the following abbreviations mean (they are the...
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I have been finding issues with being able to get a residential loan due to my DTI ratio being close to 41%, with commercial lending can I avoid this qualification? If I decide to use this type of lending what other t...
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Hello! I have been looking at getting into real estate for the past year or so, and my husband and I are finally ready to jump in. Here is our situation: we downsized about 2.5 years ago to a house that we had planned...
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What’s up guys, I’m trying to cover all my bases. I’m looking at a foreclosed property that I want to do the BRRRR strategy on. I only have enough for a low money down approach for now. I was looking at FHA 203(k) but...
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Hi BP,
I have started looking into houses to invest in. I am either looking to do the BRRRR strategy or a turnkey rental. I was told by a family friend who has invested with his own money in rentals, that I need to g...
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Hi, I am looking into buying a rental using the BRRRR strategy using private money to finance the purchase and rehab cost . i am curious about the rehab part.-How much LTV i can get back? -How log after the rehab and ...
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First-Thanks for reading my book.I am buying a house for myself and it has an ADU (accesory dwelling unit). These are very common in our little tourist town. Some of them have a microwave/coffee pot with a mini refrig...
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My fiancé and his siblings inherited a property (single family home that needs repairs) and it has been stuck in probate for three and a half years. The property is paid off and should be worth around 520k, but is in ...
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For real estate investors who are building up to do their first rehab projects, don’t forget to add up all of the costs before you calculate your profits. Too often, the classes that teach you how to make money “flipp...