BACKGROUND: Bought a property SUBJECT 2 an existing 1st lien (lets say serviced by Shellpoint) years ago. Loan is NOT in our name but in the name of the original borrowers.  This account includes ESCROW IMPOUNDS being...

Hey BP,

Hope everyone had a great 4th, I am researching my first deal and wanted to get some input on how I can get my rehab costs built in to my loan. I am looking at properties in the 50-70K range and will have en...

Hey again BP,

Does any one have any experience getting signature loans. What are some of the basic things banks require to approve an applicant for a signature loan these days??

Hey guys!
Big fan of this great community… and would love to hear your advise.
Me and business partner purchase a multi family (3 units and garage) in Florida last august using owner financing.
The purchase price...

When choosing a bank to open a business account for an LLC what do you look for?  ... relationship with a small local bank (to partner with on buying rental property)....favorable low fee checking account options....a...

Hi everyone.  Need some advice from lenders as well as experienced investors.  I am getting ready to choose my lender from several I spoke to.  Should I choose only one lender to qualify me or more than one?  How will...

Say I own a rental property appraised 110k
I owe 83k on it

if I refi the loan at 110k does that mean that the bank cuts me a check for 27k and I now have a mortgage for 110k and my payments would go up. ( i initially...

In order to get an FHA loan you must live in the property for a year. If you get a non family member to cosign for you, they also must live in the property.

My question is this, how strict are they? Do they check up...

I'd like to have an organized system where I can input each property's market value, current debt on property (amortization schedule would also be useful), income and expenses? It can get confusing trying to keep trac...

What are your thoughts on using a VA loan for investment properties? of course, I know I'd have to live in the property for at least a year or two, but I am wondering if the VA fee is worth it, and if others have had ...