Bill Briscoe
Current bank Underwriting Standards
I have 2 properties right now - the home I live in and a small ranch. The ranch is paid for, and I have over $75K in equity in my home. Rental income from the ranch is $700/ YEAR. I have owned a SFH rental in the past...
Toni D.
Buying Note from Banks
Hi,
Does anybody have any information regarding Buying Notes from the Bank? If yes, which Department would I be speaking to? What is the process & at what percentage can I purchase the existing note?
Thank you!
T...
Chris Clothier
Purchased directly from bank
I recently purchased 3 properties directly from a local bank and wanted to share it as an idea for other investors. I have had a borrowing relationship with this bank, but do not have any significant accounts with th...
Sharad M.
Banks fixing the properties?
Hello all,
So I was talking to a realtor this morning and I asked him why there weren't more properties coming on the market as compared to last year. He mentioned that some banks are actually fixing up the propertie...
Scott S.
Negotiating with the bank
I an a new member from the Hampton Roads area of Virginia and could some feedback on a deal I am trying to finish. I am a buy and hold investor of three townhouse properties over the past 20 years, one of which was a...
Petrisor Bogdan
About the banks loans
Hello everyone. I have read The Book on Rental Property Investing and I have a question about the loans.If I want to buy a property (with price of 100k for example) and I paid 20% down on the Bank( they will loan 80k ...
Austin Drew
Private Lender Land Banking
Hi,
I have a plot of land located in Fort Pierce, Florida that myself and partners are looking to develop. We have a relationship with the bank that has control of the land and the previous owner recently defaulted...
Cindy Nguyen
Mortgage loans from bank
When applying for mortgage loans, do the loan officers know if the applicant has an apartment under their name or not?
Web A.
Small community bank lending
Hey BP,I’m from the north New Jersey Area. I’m trying to leverage my life insurance policy along with my other assets/ and own capital to gain access for a line of credit (150k-200k) in order to invest and hopefully ...
Justin Priestly
Any suggestions on banks?
My wife and I have currently been house hacking the past 2.5 years and are ready to start scaling things up (any scaling advice would also be greatly appreciated). Our LLC has been established for 3 years and we are l...