Hello! I am a new future investor and am currently gathering funds, and as much knowledge as I can!The answer to this question may be obvious, but this is all new to me.Does getting pre-approved for financing by a ban...
How does a second lien work in a Home Equity LOC?
To better ask, if mortgage is not paid, how is the sale price split between the primary and secondary liener after foreclosure?
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Hey everyone. I'm off market real estate investor, i buy homes for cheap, do some minor repairs and re sell them to contractors and other investors for a profit. Up to this point, I have been selling my investment pro...
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I've been in Mortgage Lending for 10 years. After taking last year off to become a Natural Foods Chef and a Nutrition and Health Coach, I have come back into Mortgage Lending with more energy and excitement than ever...
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I am very new to real estate, as I only have a few months of education into this, but have been reading a lot and speaking with others who have rental properties. I am still learning more about Short term rentals, and...
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I'm not sure if this is even possible, but has anyone ever tried to use a conventional loan and hard money together for a deal? If I'm considering a property to do a flip, can I do a conventional loan with 20% down, a...
Hi BP Community,This is my first of many posts to come. I'm a newbie investor living in Philadelphia, PA and interested in small multifamily units (duplex - quadplex) to house hack as my next residence in June 2018. I...
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I have over 15 years of experience on the mortgage lending side of real estate. As of 2016, I moved to Yakima, WA and instead of returning to mortgage lending decided to go into the investment side. I enjoy the negoti...
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Alright BP! I'm going to lay out all the numbers and the circumstances.
This is a 4plex, there all 1 bed/1bath. No central a/c. (Rent from $275-325/mo) fully rented ($1,180 which would be 295 a unit.) 3 are currentl...
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Hello guys and gals! I'm new on bp and in the investing world so bear w/ me but I figured I have to start somewhere! Lately I've been vesting hardcore in doing my homework in this amazing game of real estate investing...