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I just called 6 banks in WA state to try and get a HELOC on a rental property. The purpose of the HELOC would be used for a partial down payment on another investment property. All 6 said if the intended use is to pur...
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Hey All! I'm a single mom and I want to purchase a new home. Its my first home purchase and unfortunately my credit score is below 500. Will I be able to find a good mortgage. Please advice.
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I have an Open HELOC that has a 5% 5yr draw and a line of 70k. I recently purchased a property that needs some renovations ~50k. I am trying to figure out what strategy to go with to finance the reno. Do I use a 18 mo...
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If grand mom dies without will how can I get the house put in my name if non of her kids want it
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I was on vacation this weekend and was talking to someone who's wife is involved in a probate settlement of some property. He said they need to sell the house quickly and the attorney is asking $130K and the house is...
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Good evening. First, thanks to everyone who gets involved on Biggerpockets. I have sent many, many hours on BP learning a ton from the experience of others.
I have found a property that will have more than ad...
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Hi BP, We are under contract for our first rental property but found more surprise during the escrow period. The property is sold as is and we already put down earnest money with only financial contingency left. We ha...
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If you are a CA resident searching about Asset Protection one option for your, if you qualify, is the Private Retirement Plan (PRP) which provides one of the highest levels of protection for your assets. PRPs are ide...
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Hello BP, I've got questions about the proper way to sell my mobiles that I fix up.
What I do is purchase a mobile home. Have it transported to a parks empty pad and set up.
After the home is renovated and certifie...
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6 months vacant, lowered price twice, $400 under market, still can't find a tenant for one of my rentals. Have about 300K equity in this one. Type of tenants it attracts are not great. Everyone want's to apply but the...