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Results (10000)
Arpit Gandhi Is my mortgage broker trying to scam us?
23 October 2019 | 20 replies

Background:
We bought an investment property in a major city in USA. Our agent is the broker and also a mortgage broker as well. We have enough funds to buy the property in cash but we decided to put 20% down and get...

Raj Khadilkar DSCR - Cash at closing / Cash reserves
3 January 2024 | 10 replies

Thanks to BP community. Bunch of knowledge out there which we could lean on espcially from overseas. Would apprciate if some of the lending gurus / specialists could guide me on my below scenario  
Overseas investor ...

Nathan Gesner Top Contributor Ranking?
28 April 2017 | 5 replies

How is the score calculated for "Top Contributors" in each forum? Is there a way to see someone's score or our own score without being a top contributor? Or is it super-secret, behind-the-scenes magic that is spoken o...

Derek Mendez Failed partnership should I chapter 7 ?
18 May 2019 | 2 replies

Hey guys Wasn’t sure what to do with the situation I got myself into and wanted some opinions. After a failed partnership, I was left with around 50 k in debt only 10 k cash and another 30-40k debt from current prope...

Addam Driver Downpayment on American Express Platinum
22 October 2019 | 4 replies

Ok.  Seriously.  I finally decided to get the AMEX Platinum card.   I like the perks that come with it.  Being a RE investor, I figure, why don't I put the downpayment on my Amex, and treat myself to a vacation once I...

J Richardson Still struggling with background check for years now
14 November 2011 | 8 replies

I'm on my second rental property, but I've always struggle with the background check. It seems that most of the bad applicants won't even fill out the one page background application and return it if they have a ba...

Tina T. Commercial Real Estate Financing Question
21 April 2018 | 11 replies

Sorry if this question has been asked or if it seem silly, but I read on the commercial real estate lending requirements and it seems lenders look at the investment return of the property itself to decide if they will...

Sharon Miller New Tenant application with $260,000 debt
28 June 2020 | 13 replies

WE have a house for rental for $1499 a month, its been out there over a month. We have one applicant with income $7200 a year(Not verified yet) with 660 credit score, though this person is in $260,000 debt. We can't t...

Leslie Fisher Shopping interest rates without banging my credit.
4 June 2016 | 5 replies

Should I simply call the banks to get a ball park on the rate and do my calculations with that estimated number or will I need to apply and get the rate available for investment properties at several banks?  Won't the...

Ignacio Rosenberg Multiple homes in a year + credit scores
29 August 2018 | 4 replies

I’m trying to understand how people are buying multiple units in a year or so, without their credit score crashing. I would assume after your second mortgage in a few months the ability to get another one, even at exo...