Rodney Sums
A fight against investing in Ohio
What is your perspective on these investors, the response by the communities and politicians?Side note: this is why I tell people not to finance a mobile home and put it on leased land. One man said he could by a hou...
Casey Veal
Private Lenders or Banks??
Hey I'm wanting to purchase my first house using the BRRRR Method and I'm trying to see which one is better to use. There is a group of investors and I know some of them from my childhood that I am wanted to propose m...
Brian Gibbons
News - CFPB Only
I started this thread because I have email alerts on the CFPB every morning in my email.
Here is the newest one.
http://www.housingwire.com/articles/print/29846-cfpb-proposes-3-changes-to-mortgage-rules...
Cassandra Reynolds
Private equity contract for a purchase
I have several properties I’ve collected over about 10 years and am looking to purchase one more but have maxed out my conventional sources for loans. I have found private equity and have been asked to submit a propos...
Jared Trindade
Do you invest in SFH or MFH, or both? Why?
Hello all,I 'd like to pool around BP to see what people are pulling the trigger on right now. MFHs, SFHs, or both? Why?I know many people invest in variety of ways, that may include one or both, or gradually phasing ...
Devyn Caraballo
Rehab loans besides 203k?
Hi BP family! Hope all is well.
My question today is, are there any other loans besides 203k for rehab? I know 203k can be a process to get sometimes and also, once you do have it, there is a lot of paper work and r...
Sandrine Petrou
Rental property Deal Structure
Hello BP community,I am putting together a proposal for a rental property investment for a foreign national with 2 proposed financing options:30% down payment, the remaining balance financed or Cash purchase.Per my ma...
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FORECLOSURES SET TO RISE!
FORECLOSURES SET TO RISE!
Proceedings for about 320,000 foreclosures - or repossessions - were begun in each of the first two quarters of 2007 , against an average of225,000 per quarter in the past six years.
That r...
Maria Bocanegra
203k contractor recommendations
hi all can anyone recommend a specific 203k contractor? Project located in Chicago, Illinois. I am aware of the 203k website but I thought I would hear from you all too!
Thanks!
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RE Developer Partnerships: FHA savings in lieu of cash?
I’m trying to be creative with locking down financing.
Is it crazy to offer my sweat equity and my ability to secure an FHA Discount on a loan (since I’ve never bought before) in return for a mentorship, and chance t...