HI All,I met a person on BP that is a lender. Id rather not advertise. I'm looking for any feedback.Would you accept this loan?They are willing to loan $150K for SFH purchase and rehab. Term is 12 months @ 4%. The loa...

I have a question for you. In the example: $200K purchase price, 20% ($40K) down. Say I get a private lender to loan me the $40K for a down payment for the mortgage. how would a loan officer take this....?

Has anyone ever used a line of credit to cover a down payment to get into the investment with no money down? eventually refinancing the property and pay off the line of credit. Is this a good idea bad or a bad idea? H...

Hello,
New to Charlotte area. Atlant(Fulton County) has been having foreclosure auctions which generally have tons of SFHs. Generally there both foreclosure auctions are together.  

For Mecklenburg, I am only able...

I am returning a deposit to hold the property because the prospective tenant doesn't meet my qualifications. What should I include as far as a letter goes? Should I give them the reasons for denial? Should I mai...

I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...

Hello my name is nick and am finding tenants for the first time. My property is located in Grand Rapids, MI. My question is, do I have to accept section 8. If not how do I say no?Thanks for the help,Nick

I'm a young homeowner that is interested in buying and renting / selling property.
I've got a property that I'm interested in renting in a few months but I want to educate myself in accordance to my local and federal...

I'm new to this and having property management issues with the quality that they are sending me.  I was wondering if someone has a checlikst of minimum quality standards in the areas they deem the most important.

I'm trying to refinance a property in Detroit with a conventional 30yr and the lender is on the verge of denying my application due to my DTI.  For some reason they refused to use my annual salary to calculate my DTI ...