Jordan Hamilton
Saved down payment - loan not approved
Hi everyone,I have spent the last 6 months saving about 60% of my income so I could finally move forward with my first multifamily property. I saved 30k and plan on using FHA loan to house hack one of the 4 units (loo...
Jason Gray
exploring Private Money Vs Hard money on a new build for a piece of land near Yosemit
I've got a property under contractPurchase price $78K out the door (I have cash to close) Intent: build on the property which already has a functioning well, septic, and needs PGE installed Total buildout on the prope...
Anand S.
Short sale - second bank dragging feet
I've been waiting on a short sale as a buyer for the last 5.5 months.
The home has two mortgages.
The first bank approved my offer, and is offering the second bank, Chase, $5K to buy them out. The second bank h...
Tony L.
Closing on 1st Fourplex!! Inheriting 1 Tenant issue- Need Advice
Finally closing on a Fourplex in 3 Days!! This site has been an incredible learning experience and helped me pull the trigger!! Two 2/1 bedrooms and 2 Efficiencies. Paid 215k and put 20% down with an owner occupie...
Brandon Wulff
Question about a deal
So I have a friend of mine who is a lawyer and represents a client who wants to sell a home that he bought at an auction years ago. Here’s the details:He bought the home at an HOA foreclosure auction, and the laws in ...
Scott W.
Homepath rehab loan question
has anyone ever done one of these or know what's involved? I believe the contractor has to front all the $ in labor/materials and is paid at the closing, upon appraiser inspection.
Any truth to this? I would think th...
Matt Hinton
Introduction
Hello everyone. I am excited to have finally created my account and be a part of the community. I have found multiple answers to questions that I have posed to google from biggerpockets, so without question I see the ...
Evan DeVisser
Contractor Flipper Partnership?
I am 75% of the way done with my first ever flip house in Grand Rapids Michigan and based on the numbers it should be a profitable investment; however, I am not by any stretch of the imagination a good general contrac...
Stephen N.
Question about what to do with sub2 loan
If i take over a loan sub2 that has an interest rate of 7.5%, is there a way for me to negotiate with the bank to reduce the rate?
Jaye Seay
Has anyone used Peak Asset Lending recently?
Has anyone used Peak Asset Lending out of Kansas recently? Are they still making loans?I'm curious what experiences buy and hold investors have had with this lender.