Hana Mori
Is my first DSCR loan experience normal?
My first DSCR loan experience was unexpected. I'm looking for guidance from this community. Is my experience normal?
I was given the loan terms verbally from a DSCR loan broker out in California for a cash-out refina...
Wes Burk
Why should a seller short sale?
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
Leon F.
Lease w/ Option 2 Buy gone WRONG!!
So I bought a property in 2018 from the foreclosure auction in Louisville at the courthouse.The house was still occupied by the original owner. When I went to talk to him he didnt believe I had bought it and thought t...
Eric Frisch
Wholesale Inc. Training Course (5k) - Is is worth it?
I want to get started with wholesaling properties in PA. Should I take Wholesale Inc. 5k / 90 day class? Does anyone have same contracts used by wholesalers? I would assume I need two contracts 1) for the original ...
Jesse Flores
No income but plenty of assets and can't qualify for a 198K loan
Hi BiggerPockets,
I am looking to buy a duplex for $198K plus minimal closing costs. Income is $750 per unit or $1,500 per month. I wanted to get a loan with 25 % down payment. I have already put in a bid for the ...