Jonathan Wheeler
HELOC using bank statements or stated income
Can anyone suggest a lender who might do a second position HELOC that verifies income for a self-employed borrower using business/personal bank statements or stated income instead of tax returns? This is for a primary...
Lisa Graesser
What items in your rentals seem to walk away
What items at your rentals seem to disappear most often? Mine is the cheap plastic hangers. Now I know they are cheap and not costly to replace, but a PIA to have to keep buying and I know they may break, but I've had...
Chad Clanton
Seeking feedback for Pleasant Renovation and Remodeling/ Bob Gonzalez in San Antonio, TX
Good morning BP! I'm looking for feedback and preferably contacts who have dealt with Bob Gonzalez of Pleasant Renovation and Remodeling, a construction contractor in San Antonio, Texas. My colleague and I are, to ...
Account Closed
Warning: Scam artist Michael Melendez
I just wanted to do my due diligence to advise all of a Scammer that claims to work for MVP (Me Vacation Property Management). He will be very diligent and responsive at first, then once he has your money he will dis...
Corey Dutton
Dodd Frank Regulations Threaten the Existence of Community Banks
With an increasing number of mergers in the banking industry it’s no doubt that increased regulation under Dodd Frank has a role in it. Donald J. Mullineaux explores this topic more in a recent article from American B...
Robert Shoffner
Seller Gets Cold Feet-Happen to Anyone Else
I've run into this general scenario about three times in the past 12 months, and it is frustrating to say the least. Basic scenario is: seller responds to marketing, I go meet seller at property, get contract to ...
Gilbreth Seno
Depreciation deductions on other personal income
Can I use depreciation deductions from a rental property to offset income from my day-to-day job?
Sheena Shaw
Signed Exclusive Buyers Agency
Hi. I have been in real estate for about 1.5 years now. I am currently on a team as a buyers agent and have been since January. I am taking all the necessary step of getting buyers appt., preaproval letter and then ex...
Exavier Martinez
Tenant broke lease
So I am currently house hacking. One of the tenants I had signed a 3 month lease. After the second month he just up and disappeared. No warning, no heads up, nothing. In the lease there was an agreement that if it was...
Rodney West
REO asset manager
Has anyone had any success contacting the asset manager of a bank to buy an REO property? Several properties on Auction.com have disappeared from any marketing when the reserve wasn't met. The lender is still shown ...