Just read an article that Fannie Mae has been doing a second credit check. This is obviously causing problems for some mortgages.
With the passage of the Financial reform legislation there will be a large number of ...
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Hello Everyone! I am in the military and own a SFH (current residence) and a lot in North Carolina but also have a 4-unit, 2-unit, and SFH in Michigan (where I am originally from). I am assuming I need to find CPA f...
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When financing a 8-unit apt, bank asked owner to assign leases as additional security on top of the property itself. Is it normal in apt financing or negotiable? Meaning, property alone should be sufficient collate...
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Hello, I've read about using an FHA loan to purchase my first multiplex investment property in which I would rent out one of the units and live in the other. My questions are:1. Can you use an FHA loan and have the ow...
Does anyone know who I need to go to to handle the Dodd/Frank Act so I can do owner financing for mobile homes? I live in Texas, preferably anyone in the DFW area
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Hey BP,Going through the Pre-approval process at the moment and hoping to move on a property in the Tacoma area in the near future. I'm looking to house hack this property and get my feet wet with tenant interaction w...
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Hi Guys,I have a property I am trying to acquire through a hard money loan.The company - who I got off the biggerpockets hard money link RCN Capital - was very helpful but did mention I would need an LLC in place in o...
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Hey BP Fam. I own a 4BDR and 3 BR townhome that I rent out to college students. I have standard Homeowners Insurance for this property, but I'm wondering do I need a specific type of homeowners insurance since its a r...
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It surprises me how little pushback I receive from rental applicants when I ask for their social security number on my rental application. While I take care to safeguard their information and destroy it when I'm done,...
Hi.I'm working on my first official rehab project, therefore, I have not established private money lenders at this point. I have purchased the property with my own money and am talking with a hard money lender to fi...