Matt R.
wells fargo denied loan when I have the loan amount in bank with 780 score
Everyone told me not to use WF. My bad.. The issue is unknown... they actually never bothered to notify me. My realtor did. I think it was because the loan amount is too low..22k. Waiting to hear Monday what they s...
Brendan Blake
Math question
Say I have this example
Rental Property: $100,000
Loan Amount: $75,000
Loan Rate: 5%
Years: 30 Year Amortized
Monthly Payment amount: $402.62
LTV ratio: 75%
My money is bei...
Sheena Varghese
Delayed financing and no seasoning loan
Hello,I have about some equity in my primary residence. I am in the process of moving into another property and was going to sell my current home and use the funds to purchase more properties. I recently heard a pod...
Allen L.
delayed financing exception
Hi all, I am refi'ing a new remodelled acquisition with conventional mortgage and I just heard about the limitations of delayed financing exception. It seems like I can only take out as much as the purchase price. The...
Rahul Gupta
Small loans - who lends on property under 100K close to St Louis and Bellville, IL
Greetings all,
I'm finding some good low cost, cash flowing
properties in St Louis and on the Il side of the border. Problem is, my usual lenders will not lend on these
because their minimum property value should...
Tyler Gilpin
Lending on multiple properties at once
Question. Nice amount of 60-80k houses in my area. I have 40k to put into it, in theory that’s 20% down for almost 2-3 units. As far as loans go, can I buy 2-3 different houses or can I only buy 1 at a time?
Sam DeZeeuw
Cash out my index fund investments in order to BRRRR?
Hi there!
I'm looking to start the journey of real estate investing and read David Greene's Book on BRRRR investing and I'm sold on that strategy.
Of course like most new investors, the biggest hurdle is buying the ...
Lisa Zurga
C4K - Cash for Keys
So I have a question regarding the cash 4 keys. I was offered this C4K in the sum of close to 5,000 to relocate and leave nothing by july 1st. Is this a usual amunt or can someone tell me how they come up with a figu...
Kevin Charles
HELOC vs Home Equity Loan vs Cash Out refinance
Hello BP,
So I have a sfh rental property that I am expecting to pay off fully in a few months. My plan is to use the equity in the rental to purchase additional rental property. What is the best way to pull cash ou...
Bella Batal
Are the Sellers terms reasonable?
BP fam, Can you help me understand if this deal makes sense?The Seller is happy to do creative finance, but is requesting a big amount of cash upfront to go towards loans. All buyers that have responded with interest ...