I have four or five friends that are all interested in investing in a duplex, quad, small apartment, etc. but none, individually, have the 20% or so down payment required for such an investment. Collectively, we c...
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Hello,Closing in a house and the lender is asking for "proof of funds for personal property". I hadn't heard the phrase before. Calls to the lender have gone to voicemail. Can anyone explain?
Hey BP, I would like to know what is your opinion on wholesaling short sale properties for a newbie, what are the pros and cons, and what are some of the mistakes you mad so I can learn from it. Thanks in advance
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Hello,Have a unique situation here. Lets say a father co-signed on a note 12 or so years ago with his daughter and son-in-law. Since then the daughter/son-in-law have completed four loan modifications over the years...
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Can someone please explain to me all the potential details I should know before engaging in looking at apartment deals from the fianncing side. For instance with banks I had a lender call me and say to be approved for...
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Hello!Does anyone use Apartments.com's applications or leases? Does anyone collect rent through them?I'm wondering what the downside is.Thanks!
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Hello Bp Pros!Can someone please help me to understand the lending process.Can investors use a gift from a family member for a down payment?In what circumstances will a bank lend to a LLC? I have had lenders state tha...
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Hello everyone. I'm hoping to complete my first rehab in the next few months, and have been looking into how I will finance the deal. I have been in contact with the mortgage rep I used to purchase my current home, ...
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I am trying to see if it is possible for to use HELOC on one of my investment properties.Any advise or best practices would be greatly appreciated.
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Let's say a couple friends and I want to invest together, and all three of us live in different states. How does one go about this?Will a bank lend to three unrelated people? Can we quit deed claim into our LLC? Ri...