Shane Blackshear
BRRRR refinancing issues
I'd like to hear from anyone who attempted a BRRRR but the rehab cost were too much to refinance when you were done. If you're appraisal price didn't/won't meet the 75%-80% LTV mark. What did you do? Other than paying...
Josh Foret
How critical is consistent income when using the "house-hack" duplex method?
I've read several of the blog's with regard to "house hacking" including @Scott Trench's experience with his first property as well as @Darren Sager's podcast on his duplex ventures, and I've decided this is the path ...
Aryelle Collins
Money Partners
What are the best ways to find a money partner that will fund the deal for a percentage of the profit. I can find the deal, perform the due diligence on the property and present a full analysis to my partner. I know p...
Charles Borrelli
REO owner occupant bidding period enforced?
This Question is about purchasing from Private Commercial Banks with cash. I want to be clear.NO purchases from government agencies and Cash Purchase Only . This question is About cash REO purchases from a private ban...
Wendell De Guzman
How I Am Buying 20+ Houses No Money Down - Week 1
Week 1: I am buying 20+ houses in several suburbs in Chicagoland. Due to the fact that this is a LIVE deal, I cannot disclose all the details in a public forum. I will disclose what will be helpful to BP Nation specia...
Corey Dutton
Have You Fallen Victim to a Lending Scam? Share Your Story
We write on the topic of loan scams often and we always get a lot of responses from victims of these scams. People often ask, “Who do I report this to?” and unfortunately there is no straightforward or clear answer...
Michael G
Do I have enough money to start?
Hello all. I have money in mutual funds which have been doing fine, but if the market goes down again so does my money. I always thought buying a rental in San Diego (where I live) was out of reach and then someone to...
Christopher Dunson
Private Lending Procedure/Docs.
I received a call from a loan officer today looking for alternative financing options for his client. From what it sounds like to me, this person owns a few properties free and clear, and is qualified and closing on a...
Todd Magin
Does a Cash Offer Mean All Cash?
To me a "cash offer" doesn't necessarily mean all cash, it simply means that I'm waiving the typical financing contingency clause and also not making the seller pay any portion of points towards a mortgage. It's a mo...
Rodney Burayidi
Indianapolis Duplex (First Property): Both Units Now Occupied
Since
my last post a lot has happened. Previously I wrote about my experience purchasing my first
property (traditional financing), which also happens to be long
distance, and what I learned along the way. I've spe...