Hello everyone!Could you please help with my situation? I want to do a Backdoor Roth but I have pre-tax money on my trad IRA and I don't understand whether the pro-rata rule could be avoided if I do the following:1) A...

A friend of mine is interested in assuming a VA loan. The remaining loan amount is $104k and the SFH was originally purchased at around $125k. my question is, if the mortgage gets put into his name, does he pay the ow...

What banks or institutions do you recommend for loans for multifamily properties (more than 4 units up to 50 units)?Which are the least complicated to get the loan?

Hi BP Experts,Here is the scenario I am exploring and would like your advice. My wife currently can't qualify to buy a property since she doesn't have enough in reserves. I have a brokerage account wherein the balance...

Hi all,

I am a newbie in real estate investing. While looking for my first rental property (or properties) with total cost of ~$100,000, I talked to a local bank to see what are my options. Here is what they ...

Hey all! I've been doing some searching for this (both on Google & here) and finding mixed/outdated information about what bank is best for a landlord. I bank with a credit union that doesn't offer great business ...

Hello again BP!I've recenty approved my credit score to 695 or higher. I was wondering what are some options I may have as a "rookie" investor. #adviceneeded  

Has anyone worked with any lenders who commonly offer commercial loans (5+ units) at 80% LTV? I've connected with Gold Coast Bank and Blueleaf Lending but they both typically max out at 75% LTV. This would be for buy-...

As stated in biggerpockets Real Estate glossarry,

Assumable Loan - A loan in which the lender is willing to “transfer” from the previous owner of the home to the new owner, sometimes at the same interest rat...

Hello All,

Thanks in advance for analyzing this deal.

Main two questions would be: How does the Dott Frank Law effect my deal, and how can I work around it or be exempt from it.

Heres the deal:

...