Account Closed
How soon after closing do you move property to a land trust.
When using Conventional or Government Backed Financing, at what point do you safely move the property to a land trust/llc without triggering due on sale clause.Share your experience.
Cody Cross
Looking For a BRRRR Lender
I have two deals under contract currently with 10 days left during the inspection period. One for $55,000 (1800 sqft) and one for $100,000 (1400 sqft and an attached apartment). They both need a new roof and one needs...
Vladimir Shafiro
Can I cancel proxy bid on auction.com
My parents are interested in a bank owned property on auction.com. The auction is starting on Monday. They were dealing with a realtor and she created an account for them on the site and placed a proxy bid for a high ...
Don Konipol
Difference Between a Hard Money Loan and a Private Mortgage Loan
The Difference Between a Hard Money Mortgage Loan and a Private Mortgage LoanSometimes used interchangeably, these two terms are not synonymous. A Hard Money Loan refers to a TYPE of loan, while a Private Mortgage Lo...
Patrick McGarvey
People living in home I just purchased
I just closed on a bank-owned home in Virginia. There are people currently living in the house and I would like to have them relocate so I can update the home, and do any necessary repairs. The prior owner of the home...
Shai Neubauer
Assignment of Bid
I have been in the RE business for 6 months now buying mostly out of state turnkey properties. Last week I went into contract for "assignment of bid" through a company that from my research is an arm of Bank Of Ameri...
Barry Ratliff
Looking for equity loan for Mobile Homes with land
I'm a real estate broker looking for $20,000 to help a couple buy another home. They have 5 mobile homes all attached to land that are paid off and they have title to them with all rented. Homes with land valued at $1...
Brandon LaRose
Loan to Finance My ADU ( Not a 1st/2nd Mortgage or HELOC)
Hello All, I'm looking to do some work on my rental property to add an attached ADU. I'm looking to finance the project long term in a way that is helps me create positive cashflow. I expect that means it needs to be ...
Ping W.
risk associated with direct deposit to collect rent
I asked my tenant to pay the rent by direct deposit thinking that would be something similar to salary direct deposit but the renter told me that his bank needs to deposit a small amount to my bank and then withdraw i...
Bradley Padula
1st Cash out Refi = Success!!
Hi Bigger Pockets! First post on the forums here!I just completed my first cash-out refi of a SFH I bought June 2016 in the suburbs of MA, cashing out $61,000. Financials Purchased foreclosed: $220,000 - PITI $1385/m...