Michael Loza
Is it ok to deposit large amount of cash?
So i am getting pre approved for a conventional loan and am short some cash (30k) , i told my lender i have the 30k in cash (which was a gift), then tells me to deposit the cash into my account and told me it shouldn...
Ryan Rider
Using parents HELOC to acquire properties
So I’m a long time reader and listener to the podcast and forums. I’m at a point in my life that I am ready to finally pull the trigger and get into real estate. So I have 20k saved and available to put into action. I...
Shane Pascoe
Kansas City
Hello everyone,I am new to posting on forums, I have been listening to all the podcasts and reading everything on can on the site. I live in the Kansas City area, have been "studying" the market, opportunities and inf...
Pat C.
Personal conventional loan for property under LLC
Hello BP!I have a unique question I'm not sure how to handle. I am closing on an investment property using a 20% down conventional loan. The loan and property will be under my personal name initially. I would like to ...
Zach Wagner
Long Distance BRRRR Advice
Hey there everyone! I'm a newbie to real estate investing and I have been stuck in analysis paralysis. I've been trying to gain as much knowledge as I can before pulling the trigger on a property. I live in CA and I'm...
Duane Dyson
First potential wholesale deal
I would like to start wholesaling to help with my down payment to expand my portfolio. I've been on BP reading articles and watching webinars on how to start but just haven't pulled the trigger on a deal yet. I was ...
Hung Dao
Does this deal make sense for a SFH in Bayview?
Hi everyone, I'm planning to pull the trigger to become a first time landlord in San Francisco and had my eyes on a SFH in Bayview neighborhood. The 2B1Ba house currently have 2 section 8 tenants paying market rate at...
Christian Wendelboe
Switching Lender - First Rental (OH)
Hey everyone! I am currently in the process of getting my first rental property. It is out of state as I live in NYC, also my first property ever as I rent my main dwelling in the city. I've been wanting to get going ...
Ev Conrad
Liquidated damages if no *good* loan...
Hello all,Have an offer on a property, since I am using the property itself for the loan I am wondering if the lenders I am prequalified with only offer loans with rates/terms I am unwilling to accept, would this trig...
Ryan Coburn
New to forums question about a home we have to rent or sell?
Hello glad I found this forum good stuff here. I wanted to get some advice I own a home 5 hours away I have tried to sell it now for 2 months no offers asking price 179,500. We owe 162 k on the home we can get 1200 re...