Brian Price
Setting up an owner finance deal
New to RE investing. Put my house on the market FSBO 5 mo. ago. My thought being, how do I gain experience if I just list it with an agent!?! Most inquiries have been from other investors. So I added “possible owner f...
Ray A Delfi
Looking for feed back on lender terms.
A member of one of my REI groups posted this in the group page. Wanted to run it by BP to see if it passes the sniff test. Please all feed back is welcomed and I’m at no means endorsing this lender. I may use them bas...
Peter Tverdov
Underwriter Headaches
I am going through my worst experience of my young REI career so far. I imagine some of you have had massive stress and headaches from underwriters so before I whine and complain I'd like to hear an airing of grievanc...
Sam H.
Bridge Loan to foreclosure flip
First time poster - thanks for letting me in! I found a foreclosure listed for auction at $800K but worth $1.5-$1.8M. Could I fund the purchase using a bridge loan with the assumption to sell my existing home ($1.5M...
Ryan Linskey
How much should I worry about my credit score?
Hello,
My name is Ryan and I am new to BP and real estate investing. I having been doing a lot of reading and listening as I prepare to begin my investing career in Portland, OR. Our plan is to buy and hold while "ho...
Patrick Lorang
Down Payment Sources
Can anyone suggest creative ways to come up with down payment money, required for a hard money deal?Specifically, I need to quickly come up with $9,000 for a down payment, in order to fund a purchase through the hard ...
Barry Petty
FHA Loan Approval
Ok I just got pre-approved for an FHA loan. Didn't quite go as I planned but did get some good news. I actually got approved for a tad more than I had expected. Here's the problem though. I had researched loans and re...
Richard Sanford
business lines of credit
what is the criteria to obtain lines of credit? Business or pesonal lines. Can you choose to go stated income for both ways? Or is that left entirely to the lending institution? Is your personaal credit a determining ...
Anh Ngo
Soon To Be College Graduate, Advice Getting Mortgage?
Hi BP,My name is Anh and I'm graduating from UCSD in two months! I've been a long time fan of BP after reading Brandon Turner's books on rental investing and no/low money down financing several years ago, but haven't ...
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...