I thought I'd pass this along to the members of BP...
MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.
The deadline for comments is this Friday, March 5th. Please fell fr...
I'm a real estate agent who has a seller offering financing on a single unit. We also have a buyer who wants to buy with seller financing. This is an area that neither I nor the seller have experience with. Because of...
What do you think about using the listing agent to help facilitate a buy?
For the last three months, I’ve been using a seller’s agent to make offers on a SFR.
But have been outbid on three houses.
For my next...
I'm looking for some advice here. We're selling our house and have been in escrow for 31 days now. The contract states 18 days for financing contingency removal.Basically the buyer's mortgage broker and the bank (Chas...
Hey guys! I know there aren’t exactly “cheats” or just ways of going around your DTI but bare with me. I’m trying to get a pre approval but keep running into the same responses for the most part. Mostly due to my car ...
A lot of people have been talking about this new limit, without much perspective on the issue. The issue is that the GSE's, Fannie/Freddie are going to limit the number of 2nd homes and investor loans that get rolled ...
On the lastest Bigger Pockets podcast (#383), Josiah Smelser mentioned that between him and his partner and their spouses, they had access for 40 Fannie/Freddie mortgages.
I looked into this strategy, seems that in o...
Hi all,I have a little 2/2 duplex that i bought real cheap during the housing crash. It was a short sale for 45K. Currently i owe 35K on it. I have been renting it out the past 3 1/2 years. When the latest tenant mov...
Hello BP! My wife and I are tired of talking about real estate investing and are ready to start. Unfortunately, we can't figure out the financial hurdle of our current situation and are seeking guidance. So here's the...
I'm still in education mode, I haven't purchased a house besides my own. I'm not fully understanding why private and hard money is so necessary. It seems that if you were solely in the business of flipping you would...