Corderos SMith
DFW Multifamily- First time buyer
Curious if anyone knows anything about the multifamily market here in the DFW area. My credit is in the process of repairing (just have to get one collection removed) and I'd ideally like to purchase a duplex, triplex...
David Styles
deficiency judgments?
Okay, so when a person facing foreclosure gets bailed out by an investor who works a short sale, are the sellers free and clear?
I know they will get a credit ding of about 70pts and possibly sent a 1099, but what a...
Brandon Wagner
Steps for tenant screening
Im trying to develop for myself a standardized process for Tenant screening. I utilize the platform Cozy for background, credit, and eviction checks. I also have a paper application which use to verify landlord refere...
Sean Lauber
Young credit score, just moved to USA
My wife and I have spent the last year or so getting myself a green card and have moved from Canada to upstate NY. We are brand new to this country and have very little credit history but very much want to get started...
Takeshi Yashima
Conventional loan question
Hi,
I went to Chase Bank today and I asked about pre-approval letter for my potential investment property (I will focus on SFR for my first investment). The loan officer told me that property has to be "habitable" (...
Jon Denton
HTC renovation: passive vs. non-passive credits
First post here. I currently own a property in a historic district and was planning on selling the HTC's to pay for renovations. I personally have no expertise with CRE, however I do have partners who were to handle t...
Saul Moreno
Things to have in line before first purchase
Hello BP friends!I'm looking for my first buy and hold property and am wondering what kind of things/relationships I should have in place prior to making my first purchase. I would hate to buy my first property and no...
Josie Foreman
Finding houses in a Hot Market
What is a good way to find houses in a hot DFW market.We have 5 houses which we found by driving neighborhoods looking for foreclosure notices.Any advice
Nicolas Ake
Sub 2 refinancing/HELOC?
Hello,
I am looking to receive a home from a family member. I believe it would be considered buying subject to/assuming their mortgage. There is about $40,000 left on the mortage. There's about $40,000 in equity but...
Shaka Farrier
Multi unit VA Loan RE newbie question
Hey BP,
I am currently a US NAVY veteran in Norfolk/Hampton Roads Virginia. I have been comparing the pros and cons of the VA loan to FHA. It's to my understanding that the same rules apply when buying a single family...