In the scenario where a typical residential loan allow the borrower to live on the property for at least a year, if after 3months the borrower decides to rent the unit, how can that affect the loan? Is there any sugge...
This one is more for the note veterans on BP -- I have an opportunity on two commercial notes from a small bank that cover several MFHs, a SFH and a Mixed-Use Office bldg -- it's an interesting one bc the borrower is ...
I am in the market for a duplex. I own 3 units. I don't believe my lender will count 75% of my rental income because I have been a landlord for such a short period of time. My DTI is slightly over the limit (48%) Can ...
Any water heater gurus out there? We're remodeling a unit after an eviction. Gas was off for a few weeks, and now that it's back on the water heater isn't working. For a while the pilot would stay lit until the unit h...
I'm currently looking to purchase a piece of land within the City Limits of Atlanta and build a 4 - 6 Container home to ultimately resell. I currently have the contractor, but I'm finding it difficult to find proper ...
Has anyone used a HELOC to make an 'all cash' purchase on a property? I think an 'all cash' purchase can often give you a better deal, but the last thing I want is to have a house on a variable rate given interest ra...
Hello BP community,I am looking for a software that could be used to combine property management, CRM and ability to share tasks with multiple users, as well as integration with accounting software like quickbooks. As...
what is going on with the Denver Real Estate market...?Over the last few months, the market has exceeded most experts expectations. Sure, it wasn't quite what we saw during COVID as interest rates have more than doub...
We just finished a renovation project that we started in our name and put into an LLC half way through. We were just issued our Certificate of Occupancy and it has our names on it because that's what was on the permi...
Can someone explain the concept of transactional funding to me? I understand it's used for wholesaling and is for short periods of time but where do the funds come from? How do you acquire transactional funding?
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