Lokesh W.
Lease Option: Any Limit for money applied towards Mortgage/ Down Payment???
I am trying to do cooperative lease option on a property. The owner is asking for sale price that is at least $20K above the market price. I can make it up by applying 50% of the rent money towards the sale price (dow...
Brandon Turner
THIS is how you apply for a loan (Brandon's 1st GIF!)
I'm always harping on folks to take their loan application process more seriously and present something professional to the banker, as it will increase your chance of your loan being approved exponentially. Just to le...
Jack Synesael
Applying for a Home Equity Loan on a rental - PLEASE HELP!!
Hello BP!I currently have 3 properties in the Raleigh/Durham area - 1 primary, 2 rentals. I am looking to pull some equity out of the rentals to fund another investment. From the research that I have done, most lender...
Mike Schorah
Do the negotiating tactics in BP podcast # 77 still apply today?
———-The following is from podcast #77———IF INTERESTED TO SELL…Caller: “Are you working with an agent?”Seller: “No.”Caller: “In today’s marketplace what do you think the home is worth?”IF THEY DON’T KNOW WHAT THEIR HOU...
Robert A. Klein
Landlord must apply for tenant rent assistance B4 pay or quit?
Hi,
I'm a landlord in Riverside, Ca. I have a tenant that has become a problem. The last 3 months they have paid late around the 10th - 12th of the month. Still waiting for rent for this month (Dec. 2021) I talked ...
Kyron Martinez
Using equity from my stocks to apply for a FHA loan
Hello BP this is my first ever post and I'm ready to start my real estate investment journey. My goal is to house hack a multifamily property in the Greater New Haven area of Connecticut. I plan on doing this with a F...
Wai Hong Wong
Can I do a FHA appraisal without applying a FHA loan
planned to cash buy . just wonder if I could leverage a FHA appraisal to make sure everything is safe and probably a lower value for a better negotiation.
Jay Miles
Applying for Mortgage while moving from W-2 Job to 1099
Hello,I'm in a bit of an interesting situation that is currently impacting my ability to apply for loans. My current employment (W-2 job) ends this Friday, at which point I have a year-long non-compete before I can be...
Jonathan Beemer
200 people reach out in 10 days, 40 showings, 0 apply
Hi, I am wandering why our property has had no applications?We are priced the same as everyone else in the area but are the only renovated one. Why are they not following through. I have had people take applications a...
Aaron Cohen
Do you apply the 2% rule to single family home purchases?
I've been evaluating a lot of single family homes to purchase and rent out. When I run the numbers with the 2% rule they are exponentially off base with the market rents in the community and town. New to the 2% rule...