Steve Bebek
Sunriver, Bend, Sisters Oregon short term rentals.
In the spring of 2023 will be doing a 1031 on a house we own in Portland.Thinking of buying a house in Sunriver, Bend or Sisters Oregon for a short term rentalAny thoughts or experience in those cities for short term ...
Bridget Ariel
How To Structure This Investment Partnership
Two investors are buying a warehouse. One investor is investing 1.3M cash and the other got approved to put in the remaining 1.3m through a hard money lender. The loan is secured by a first trust deed against the prop...
Sean Dougherty
Qualifying for shortsale
I am in contract on a short sale. Long story short: 2 liens on property. Seller has qualified for short sale with senior lien holder and been approved. 2nd lien holder is more confusing. There are two names on propert...
Aaron Meadows
Looking to make first purchase and have questions
Single adult age 28 living in Nevada looking to make my first purchase this year. Looking for advice and have some questions.
1- good month to purchase? Thinking October September.
2- should have near 770-800 credit...
Frances N.
Closing soon on new construction but HOA documents not drafted?
About to close on a new construction townhome in Atlanta in a couple weeks but the builder have not released the HOA covenant or any official HOA documentations. I was assured by the builder’s sale representative that...
Vamshi Ananth
What information is required for mortgage pre approval?
Hello Fellow BPers,This might be a basic question, for pre approval of a mortgage, does the mortgage broker need the following information?Last 2 years federal tax returns all pages and W-2sLast 2 paystubs covering ...
Herm M.
California Short Sale Flips
Those that are flipping in Cali, are you using the option contract? Or standard CAR forms like the NOD Purchase Agreement?
I was just wondering...if there is an OPTION recorded for X investor, will the short sale len...
Manolo D.
Foreign Investor Looking to Build and Hold Loan
Hello BP, I have searched a few threads but I couldn't find one that fits what we are looking for. A friend of mine from another country (foreign national) recently connected with me to research for him the possibilit...
Corey Dutton
Top 3 Scams in Hard Money Loans
From a fall article in the Scotsman Guide, the popular topic of loans scams in hard money is a conflictive one, particular for those who have been the victim of one. Loan scams are a huge problem in hard money loans f...
Wesley W.
First potential purchase under contract, and then...
Hello, all!
Well, we are under contract for our first of hopefully many multi-family investment properties to create a buy-and-hold portfolio.
Here's the issue. The seller grossly underreported the tax...