Shaun R.
New FHA Regulations?
I'm a real estate agent and I do a lot of work with this one lender. Let me try and make this story as short as possible and then I'll ask my question. I have a client that owns a house, but after the big flood we h...
Jared McCool
Wake up call - Beating Analysis paralysis
Hi all,I thought I would share on this experience. Step 1 - Educate myself - I have been an avid BPer educating myself for months. Podcast, reading and contributing to forums, questions, more books, upgrade to PRO, on...
Madeline J.
Health care provider small business owner
Hello. I am a psychiatric nurse practitioner. I had a W2 job and quit in Jan 2020. I was preapproved for a mortgage up to 600k back in May last year based on that job offer. That preapproval has since expired.
I now...
Mike Rice
Potential Short Sale Deal Question
Hello all! I just saw a property that I am considering making an offer on and its a short sale. The home owners refi'd the home 2x and they owe $200k but are only asking $175k for the home. if I were to take this deal...
Miyoshi A Peak
Analysis paralysis - funding
I've researched as much as I can it time for me to get off the jon..........I have down-payment but I keep seeing terms like "creative financing". Should I be getting pre approved first for the rest of the funds? Wait...
Mike Johnson
Buying a business anonymously...
Ok, I'm looking to buy this business I have a minority stake in (Pennsylvania private S-corp). The business is failing and it is for sale, listed with a broker. I'm preapproved for up to the selling price but, by a...
Andre Brasser
Using a HELOC to partially fund a flip
Hi All,I'm new to both real estate investing and to the site. I'm having difficulty figuring out a timeline of when I need to get everything set up. For the investment property (flipping), I plan on using my savings f...
Brandon Styles
Need Help Finding Financing For A Land Contract
Hello BP,I'm in the middle of trying to close a deal on an 12 unit apartment building ($375,000). I'll be doing a land contract with the seller. I have a verbal commitment from the seller on the terms on the terms of ...
Chad Gunnett
Current tenant would like to buy the 4-plex im interested in
Just a quick over view.... I have 60k heloc and 10k cash and I am in the process of getting pre-approved for an investment property mortgage. I have a 45k/yr w2 job, my wife has a 30k/ w2 job. I also have 125k mortga...
LIpeng Wu
how to use personal loan in house purchase
Thanks to bigger pocket, I got a personal loan from bigger pocket network. However, I am not sure how to handle personal loan in house purchase. 1.Should I ask for a preapproval letter and attach the letter to my con...