Adam Reiman
Where can I get a HELOC on my rent house?
I need to get a HELOC to take advantage of an opportunity. I started an application with my local credit union, but they only allow primary residences. Tried Chase next where I bank and same deal. I have great credit ...
Cassidy Burns
Verifying Tenant Employment if Retired
Hi BP,I just had a new tenant apply for one of my rental properties. Older gentleman, very nice guy and checks all the boxes that he would be a great tenant, BUT.... I have no way of verifying his income. He is coll...
Alexander King
Automatic rent deposits - how do I set it up?
Hi, if I wanted rent payments ACH deposited like clockwork from tenants every month, what would I need ? I use Bank of America.
Alan Bostick
Subject to insurance options
I have been Contacting many insurance companies to try and find someone who will insure a Subject To purchase to mitigate the risk of the Due on sale clause, but to no avail. Can anyone suggest an insurer that offers ...
Jerry Shen
Buying RE with Bitcoin
I've got some bitcoins that I would like to use to purchase real estate. Are there any institutions that will accept bitcoin as downpayment for a loan?
MarieChele Porter
A talk in a bar about real estate investing
Hey everyone,I just wanted to bring up a short talk I had with someone while getting food at a bar before the warriors game. I met these 2 guys in a bar who were friends (I was by myself). They were really nice and we...
Account Closed
First Cash Out Refi Deal
Hello BP, I'm currently working on my first cash-out-refi deal with a portfolio lender. The bank will give me 80% ARV with no seasoning period - just need a valid lease. My private lender is a close friend who is ch...
Joshua Sun
Advice on where to put your investment savings.
Hi,I was wondering what you guys have found to be an effective way to store your money as you are saving for investment properties. Do you put in a general bank savings account?Do you put it in an index fund on Vangua...
Clayton Crawford
My greatest deal is slipping away!
I'm having serious trouble getting a loan. I have a property under contract. It looks like this.\purchase price = 95k.down payment = 15% = $14,250Renovation = 5KARV = around 140KClosing is around 5k. The bank (well Fa...
Aakash Deol
Life Insurance As Banking Alternative
Does anyone use a whole life insurance policy to keep their money rather than in a bank and use that money to invest? I've heard that its much better to put money on a whole life insurance policy rather than a bank sa...