I have a prospect that is looking to sell but it is complicated. The property has a reverse mortgage on it. The home is part of an estate. The executor is has been given permission to sell it to settle the reverse mor...
Hello everyone..So I currently have a home under VA loan that I’ve owned for 4years. My wife and I are looking into purchasing a new construction home in our area also using the VA when the builder made us an offer th...
I am looking to get some ideas on creative seller financing. The property in question is a triplex and has an after ARV of $350k. the rents are good and the situation currently is that there is roughly $70k worth of l...
I have a question for you. In the example: $200K purchase price, 20% ($40K) down. Say I get a private lender to loan me the $40K for a down payment for the mortgage. how would a loan officer take this....?
Good evening, I was contacted by a potential lender. Being that i'm new to getting funding for my deal I was told that my loan was approved and all I had to do to get it deposited was pay a fee of $250 for security of...
My partner and I have made off with a pretty good payday after selling our ON primary residence, we are looking to deploy the cash into Eastern Canada where homes are cheaper. I am just curious if anyone has insight o...
If the owner of a property still owes a balance on their mortgage do they have the option of seller financing in any way? What creative way can be used to obtain a property like this?
I listened to the BP Podcast show 70 and was excited about strategies they mentioned.I’m in Birmingham, AL and know the local real estate network pretty well. I’m having a hard time finding investors I can work with t...
Hi BP family! Are there any investors whose primary source of income is 1099 or other contract work? If so, any tips on how to appear as stronger candidate for conventional loan? Especially if your income fluctuates m...
what does this government bail out mean to us? Should I put a hold on looking at property? Should I stop trying to pay down my house? Should I consider pulling out the 25k+ equity i have in it already? What do you...