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So I was a week out before closing on 2 unit in South Portland and the underwriter denied my loan. First of all I feel like the bank I used should have never had me pay for an appraisal if the suspected my loan wit...
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I'm a newbie and still doing research. I'm interested in wholeselling pre-foreclosure however from what I've been reading it's pretty difficult to accomplish. I have a good process for finding pre-Foreclosures but I'm...
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I have a cash provider partnering with me in flipping houses this year. I've been doing my homework and developing a business plan for us to abide by throughout the process. However, I'm not sure which way I shou...
This is my first substantive post, so please be easy on me. :) I want to first be preemptive and make the proclamation that I am not well-versed on partnership structures and creative financing. This is my firs...
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I browsed around a bit but didn't see anything exactly on point, so thoughts welcome.
I am working with a family member, with whom I own a separate property. We will have an LLC. I will be doing ALL of the wo...
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Had a property under contract which was in preforeclosure, 2 weeks before closing the property landed in foreclosure with the bank stating that the property would be sold on the court house steps. The only way to sal...
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Hi,I went into contract on my first rental property a week ago, and getting ready to close the property in few weeks (under my own name, with no LLCs). I am wondering if opening a business checking account is recomme...
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Hey BP first post here. I've been looking to buy my first home/investment for some time now. I've been researching into using my 401k to invest in my first house. I would use the money as a down payment on FHA loan, i...
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We would like to convert our IRA into one that allows us to use the funds to invest in real estate. Please share any personal experiences you have had doing this, and companies you would recommend.Thank you
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I am educating myself on the BRRRR strategy in preparation for investing. I am targeting cash-flow properties in the $40-$60 thousand dollar range. With the ultimate goal to scale up to a point that I can quit my jump...