Jeff Thompson
How qualifying for many loans works?
Hi,
I'm looking for an idea of what kind of financing I can get. I'm looking to quit my job in about 6 months, so need to make my purchases one after another until I'm tapped out because after that loans won't be an...
Nicho Pruett
Inherited home with defaulted mortgage that was never foreclosed
HELP - What should I expect when negotiating? Background: I inherited my childhood home only to find out that my mother refinanced it 15 yrs ago for $70K. She made payments (about $25k) up until about 7/8 years ag...
Arjun K.
Another legal structure question!
I am at an impasse in my legal setup. My original plan was to buy 3 properties and then set up an LLC. I am now thinking more longer term. I considered a Series LLC, and I also considered just sticking with umbrella...
Stephen Foltin
Should I Back Out of New Build Because of Corona ?????
Hey all,
Hope everyone is staying safe out there. Well, my current situation is I own a condo with my fiancé (wedding pushed back to next year), and in January we decided to purchase a new build Townhouse in South ...
Ty Wesley
0% Down Non-existent ??
Ok so, a Bank of America loan consultant told me earlier today that no one is giving out home loans with 0% down anymore. Is this really true or are there still some lenders out there that will??
Ram Srinivasan
Land Contract Distressed Sellers
Hi BPers,
Here is a question that I am not sure has been asked yet
I recently found a distressed seller who are in the middle of divorce and have agreed to sell their house at a reduced price and via a land contrac...
Julie Hassett
Baltimore Investor Looking to Crush It
Hello BP Nation! I've been lurking for a long while now without introducing myself. But seeing as how s#*t is finally getting real, it seems like a good time to do so.I recently moved into Baltimore City proper last m...
Justen Ashcraft
Prospective tenant put N/A on application for as number
a prospective tenant put N/A on the app for her ss number, dob, and drivers license number. What would you do in this situation?
Katherine Nguyen
Newbie in San Francisco looking for buy and hold in the San Jose area
Hi everyone,My husband and I are looking in the San Jose area to buy a multi-family home. We have a prospect that is asking $699,000 for a duplex. After looking at the open house we like that there is great potential....
Peter Milic
Do you factor loan pay down in your cash on cash returns?
I was calculating my cash on cash returns on a property I bought a few months ago.
My cash flow is about a $1000 a month, and for the past 6 months $600 of my mortgage payment went toward the principal.
Is my cash on...