Jake Vice
Requirements for a FHA being self employed
Hello BP members thank you for taking the time out to read this! I am going to be in the market in the next 6-8 months to buy a property to live in and I am trying to figure out exactly what banks would like to see fo...
Mitchell Larsen
Financing and Acquiring loans
Hello everyone,My partner and I just filed our LLC (so we’re just getting started in the business) and soon as it’s approved, we’re looking to purchase our first Fix and Flip property through our LLC... My question is...
Raymond Scott
Why is foreclosure back on market when it had multiple offers?
A foreclosure that had multiple offers has changed it's status from pending to back on the market. Is this indicative of a problem with the property or is it normal if the deal fell out? With multiple offers why wou...
Tim Compton
Credit Score Under an LLC?
It’s a given that your credit score may be a factor when getting a loan from a hard money lender for your next deal.But I’m curious to know if it was possible or even common for people to establish credit under an LLC...
Luke Diljohn
Investors in London Ontario Area
Hello everyone. I’ve recently discovered how amazing real estate investing could be and I’m looking to get my first taste. In fact I’m looking to get my first rental, preferably in my local market. As is typical of mo...
Benjamin Cedillos
Property Managers retaining $$$
Hey guys,Question on property managers. This may have been answered in a thread and I missed it but...does your PM retain a certain amount for repairs ? For example, our PM (Remax Haven), keeps a minimum contribution ...
Sam H.
Seller won't show property W/O POF..is that normal?
I have recently contacted a listing agent and requested to view the property. I was informed that the seller would not allow me to see the property until I acquired a Proof Of Funds or a Pre approval ( which as far as...
Fulton Recepcion
Private Lenders without money down
I have been taught that some private lenders do not require money down. How do I find these lenders? The ones I find online all require some money down.
Linda Young
Short sale advice needed
Hi BP friends,I just found another house today that needs no repairs or updating, just cleaning and a few minor tweaks. Selling agent has it listed for $1 and said it is a short sale. My broker discourages short sales...
Lee S.
Time Penalties for Contractor
Has anyone done a contract with a contractor that includes time penalties? Example, Bid says job will be done in 8 weeks, after 8 weeks the contractor starts losing $500 a week. looking for a way to keep contractors...