Nicholas Weckstein
Hard money loan shows up in your dti
If you borrow from a hard money lender. Use the funds to buy and rehab a multi family property.
Rent it out and then approach a bank for a cash out refi to pay the HML, won’t the loan that you have with HML show up ...
Georgia H.
Free Reports
I am trying to get more motivated sellers to go to my website and someone mentioned I should have "A Call to Action." They also asked whether or not I had a free report that I could offer. Can anyone point me in the ...
Justin D Schwartz
Credit Problems?
Liz Weston: The best ways to build credit nowNEW YORK – Oct. 18, 2016 – Once, building credit meant taking on debt – sometimes expensive debt like a car loan or a credit card with a high rate.Today, it's possible to ...
Angela Li
Details to ask from tenants in case of eviction/collection/legal issues
HI BP,I've been thinking about what to ask from tenants in case of issues...besides a copy of their gov't ID (Drivers or passport), credit report stating full name, address and birthday, what else do you all typically...
Account Closed
Bulk Appraisal
I am looking to purchase a package of 50 homes through a FNMA program.
I am curious about how much the appraisal might cost.
Does anyone have a similar experience or insight?
They will likely just...
Ryan Fortier
Non Recourse loans and credit report
Do non-recourse commercial mortgages show up on your personal credit report?
Lawrence Potts
Purchase/ Refinance/HELOC Options for New Agents
Hey BP Fam,I'm struggling to find financing options to purchase a new primary as a new-ish self-employed borrower (less than 2 years). Has anyone found a solution to find lending? I've found a lot of options for non-o...
Sawyer Smith
What are acceptable investment metrics for new multi family?
We just closed on a deal recently with what seems to be strong cash on cash return, IRR, and Equity Multiples.
Now that we are going to be looking for more large Multi-family deals I was curious as to what other inve...
Taylor Wilson
How much do you weigh credit history when it comes to screening?
Curious how much others weigh credit history when it comes to your screening process? I recently pulled my own report using SmartMove and there were several inconsistencies when it came to the number of credit lines a...
Rachael Collins
wells fargo telling me that one day is the same as 30 days late
I am working on a refi for my primary residence. It's a rural property (20acres) and we bought it with private money. In providing mortgage payment verification to Wells Fargo they are telling me that checks dated on...