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Question for the smart masses. I am catching up on podcast and I listened to episode 55 featuring @Jimmy Moncrief. He stated you could use a retirement account as collateral for an unsecured loan. Does anyone know an...
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Hello everyone,Currently as a recent graduate I do not have the W2 history to use conventional loans so my main focus has been DSCR loans. I have the bank statements and reserves part of the loan process secured. My q...
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I am 20 years and I live in Fresno, CA. I wait at a restaurant and I bring in about 2k a month from my paychecks and tips combined. I really want to just buy a small multi-family home already and start house hacking. ...
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Hello,
I am a new real estate investor from Rhode Island and am hesitant to make a short sale for my first deal. I have extensively tried to see how the property I am looking at would not work financiall...
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Is it possible to open up an escrow account & deposit the needed funds to pay off a pre-foreclosure debt?EX: -Homeowner defaults on loan -They somehow get cash needed to make mortgage current -They go to title c...
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Hi BP,I am looking to purchase my first house early next year. What are some tips, advice that one could give to a first time home buyer? What should I expect with Taxes in Austin, TX, inspections, commissions, closin...
So I’m a Disabled Veteran and co-own a house with my younger sister (I own 75% but we split the mortgage). My sister is about to acquire a second home in the same military town as the house we own, valued at about $1...
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I have the following deal outside in the suburbs of Bucks County that I am considering... please let me know if you think this is worth it. Subject Property - $105,000 (cash)Renovation - $70,000 (cash)After Repair Val...
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BEFORE:
After some cleanup:
After rehab:
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I have umbrella policy and property management company to manage my 2 single family homes in Texas. I thought Umbrella policy is sufficient until I read Robert Kiyosaki The Real Book of real estate where he is saying ...