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I came across this loan product and was wondering if anyone has or is currently using it. It is basically taking your mortgage loan and having a 1st lien on it and it’s essentially a line of credit on your mortgage bu...
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Hello BP Members,I'm a newbie from Texas investing in my first property. I am excited to be looking for financing on my first property and am currently negotiating a finance deal with a private lender. As part of our ...
Hello,We are Real Estate Investors, Property Managers and General Contractors located Upstate NY (Montgomery and Fulton County) We current own/manage ~250 units and we are in need of a part-time Real Estate Bookkeeper...
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So i have someone who is willing to fund one of my deals and also has the account to back it but i'm doing the deal what kind of letter does the backer have to sign to allow me to use her account as proof of funds
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Hello bp!So I just finished doing my taxes with my tax man that has been doing them for the past 5+ years. I am currently a w2 employee and have very minimal income coming in through a house hack. I started going to h...
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Does anyone have advice on obtaining proof of funds letters? I’ve seen advice about getting your cash buyer to provide one, but I’m trying to focus on on-market deals and will need one up front. Tips also welcomed!
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Hi all. I self trustee my solo 401k. I am in the middle of refinancing a property in preparation to purchase another. Underwriting wants statements from my 401k. In this case, I have the solo 401k with the various ban...
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I had my attorney create a revocable living trust for me several years ago for estate planning purposes. I use this same trust to hold my real estate syndication investments (again, for purposes of estate planning an...
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Hi, All,I'm considering purchasing a property in Ohio using my self-directed IRA for the downpayment. However, I'm being told by the account custodian that loans on a self-directed must be Non-Recourse loans. Since ...
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Hello Everyone,I was wondering what types of credit checks are available in Canada. With the recent news of Equifax - should we still be using that company or is there any others options that match what Equifax does?...