I am thinking about purchasing a mobile home that was converted to real property just 4 months ago. The location is great, it comes with half an acre of lot and it can be easily rented. My plan is to buy and rent it f...
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One of my tenants overpaid their rent (by 14%, not just a few bucks). I know why (they mistakenly thought they had to pay for something that I had agreed to cover). It's their money, I'm giving it back...my question...
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Hi, I'm not doing this quite right; I know this bc I've learned so much from the podcast, that I failed to apply in my purchase. The difficult part is applying the lessons in our specific situations. I should be gett...
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Hi everyone. I am currently looking to get started in doing some flip projects. I was planning on using a line of credit on my home that I own (with about 160k equity). I have good credit but not such great income. I ...
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Hi,I have a self directed solo 401K, and am wondering if the following business model will generate UBIT. I will ask my lawyer/CPA as well, but want to see what BP community thinks. Here is the model -My 401K trust ...
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What types of loans are available for a property of this type? DSCR? Other traditional CRE?Thank youMark Walker
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I listen to a speech saying you can apply and get mutiple line of credit simultaneously ... UnsecuredAnd that while it is illegal to get mutiple mortgages simultaneously on the same property, it is totally fine gettin...
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Hi I am from Texas .We liked one rental property and we have reached out to the seller agent with 100$ a month less than asking price. Seller agent has asked us to pay the application fee without approving or disappro...
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Hey everyone, I was just wondering if any of you knew if there could be a cosigner on the Va loan who wasn't a veteran. I'm trying to weigh the options but didn't know the answer to this one. Thanks in advance for any...
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Hello BP Community!I will be making offers/bids for HUD and Fannie Mae homes soon. I would like some guidance in terms of how to approach applying for the loan.I currently have 2 credit cards and 1 personal loan for a...