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A common question I am getting from my foreign investors buying in the US is how they will be able to transfer funds to purchase property from their international account. Likewise, once they purchase the property, a...
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Hello BP members. My name is Chris, I am from the Harrisburg area, and I am now just getting into REI. I am a long time reader but this is my first post and I was looking for some guidance.Myself and 2 others have d...
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This is a hypothetical question , say a person is having real hardship and can no longer make the mortgage payments on their home, is it legal and can someone offer to take over payments and put the home into the new ...
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A new tenant, adult mother who's taking care of her adult son (he has some medical issues) applied for one of my apartments in Connecticut. She is on Section 8, which I didn't mind since in Connecticut, it's been pret...
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Hello, Bigger Pockets!!It is with great joy that I announce that my wife, Piper, and I have closed on our first rental property! We bought a 2/1 in OH and have the property management company in place to get it rented...
I applied in May and appraisal was completed in less than a week. Yet, I received terms 2 weeks ago, and CTC this week.
Rate: 8.125%
Processing Fee: $995
Closing Fee: $1,360
Origination Fee: 2.650%
Admin Process...
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Hi all,In my recent HML shopping, only one is willing to lend to an Individual while the others require an Entity. As this is my first BRRRR, I'd like to cash-out refi with a conventional Fannie/Freddie lender after s...
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I recently purchased a rental property and formed an LLC, to which I plan to transfer ownership of the home. Lawyer says this is standard operating procedure, and should be done. However, lawyer also said that techn...
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Revisiting the subject of financing for vacation home/vacation rentals/STR's. 10% down is still an option without having to pay points. There are lenders doing loans outside of Fannie and Freddie. Significance ther...
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Hello all I'm wanting to know what bank everyone uses/recommends to buy single family homes in the St. Louis Missouri area. I have been using Southern Commercial Bank on my fist house with a LOC since I started but t...