I’m in the process of applying for a loan for my first investment property. A lender just told me that Fannie Mae/ Freddie Mac require their loans to be under my name personally. They explained in order to purchase un...
I have been around Real Estate since 10 years old and over 9 years I haven't garnered a lot of knowledge, but the one thing I have realized is Real Estate Investing is basically simple as this. Buy a house, rent out t...
Most of the lending companies I have checked out take you through this process and assumes it's one person and a co-borrower that want to acquire a property.Are there any lenders that work well with LLCs. I formed an ...
Hey BiggerPockets family!
There is a house in the neighborhood that I have a rental home in that has just put the papers on the windows indicating it will be going into foreclosure;however, it is not listed online no...
Hi BP,Can you critique this real estate investment fund idea, tell me where it could go wrong, whether it would be worth it financially etc. I live in a country where mortgage regulations require 25% minimum downpaym...
Hey team. Looking to potentially borrow against my military retirement account to go purchase at auction in my city. Interest on the loan sits at 5% over 5-year amortized period and repayment comes through deductions ...
I went to my local Sheriff's auction to bid on a property. Before the auction I went to the court house to look at the foreclosure documents and noticed that the judgement amount for the property was $112K but the Sh...
Hate to hijack this thread, but what can a person do with no job, 735 credit, pays bills on time and 12k in cash? Is it possible to get financing? conventional loans?
I have been considering rolling my employer-sponsored 401K into a checkbook/self directed IRA for the purpose of providing hard money loans because I am DISGUSTED by the low ROR I get now. What advice do veteran lend...
Service Release Premium (SRP)/ Overage
Profit Banks Hide from Borrowers
"Service Release Premium" (SRP) or "Overage" is profit that banks make when they sell a Borrower's...