Cynthia Walker
Credit score 600, have 20% Downpymt,over 100k salary but DECLINED
Very frustrated... we have fair-poor credit, excellent employment, and want to buy a house $399k, can put up to 20% down, buying a primary residence, but cannot get even a pre-approval letter. What are we doing wrong...
Callum K.
Can't get a loan due to debt to Income... Ideas?
Hi!
I have been lurking around BP for a while and am very much appreciative for all the insightful information.
I recently sold one of my businesses and have plenty of cash to go buy multiple properties. I already o...
Chandler Williams
What can you do with $10,000?
Hey investors!I'm a total newbie, so bare with me here. But I've read a few books this past year on various real estate investment strategies. I've been analyzing deals all over the country for the past month or so.I'...
Account Closed
80/15/5 (95% Cltv) loan programs are back!
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
David Tran
Hero program is a scam and fraud
We signed up with the HERO program through a contractor called Elite Home Energy. My wife and I wanted to them to install insulation in our home and believe it would add value to our house. We asked the sale agent tha...
Susan M.
Eviction "dismissed without prejudice"
When researching applicants I review county court records. I've recently had several applicants with eviction cases that were dismissed without prejudice.Our policy is to not rent to anyone that has ever been served ...
Jeff Hines
How would you start investing if you had $150k???
Hey everyone,I am a 28 year old who currently lives in NC. I just want to explain my circumstances and see how people with experience and knowledge in real estate would move forward if they were in my shoes. I have $...
Sam Erickson
Should I personally guarantee a seller financed office building?
I found a seller that owns a 20,000 sq ft. office building with no mortgage that is interested in carrying the note for me. The building has a gross cash flow of $68,000 as it sits now, with a gross potential of $160,...
N/A N/A
Starting out - several questions
Hi Everyone,
I just finished reading one of the rich dad/poor dad books and I can say that I am sold on RK's ideas. I realized that working for someone else will never get me to the point I want to be at in life. I k...
Bienes Raices
Doubling security deposit for high risk people
I've been reading another forum and they recommend charging twice the security deposit if the FICO score(s) is below 600. Has anyone tried this and if so were the people willing to pay?
Also I was wondering how peop...