I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
Ok so, a Bank of America loan consultant told me earlier today that no one is giving out home loans with 0% down anymore. Is this really true or are there still some lenders out there that will??
Hi BP community. I’m hoping I can describe for you my situation and see if you agree with what I’m considering doing. Any feedback and advice is welcome.
I have been buying rental properties for about 15 years here i...
Hello, After looking high and low, coming across deals that are under contract and in closing by the time I contact the real estate agent, I have found a nice duplex in a decent area for a great price. I have been sav...
I would like to report Xplicit Home Loan (https://www.xplicithomeloan.com/) for fraudulent activity. I saw their Facebook post promoting their quick collaborative mortgage service and decided to try it for a property ...
My original intent was to purchase a property with private money. Do the rehab. lease it. Then do a cash out refinance. I've contacted no less than 30 banks, credit unions and financial institutions trying to locate a...
My wife and I are first in line to acquire a profitable wedding venue in Illinois. We need creative/quick financing on a $5mm property. We have an NDA, LOI, and a contract, so no questions about the property please....
Good morning BP! This question has been a curiosity of mine since I've purchased my first property this past July! I Used a conventional loan and went in with 20% down already. My question is how do you g...
I closed on my first deal back on 10/16/24 so I'm a newbie. This deal was found on MLS and is a new construction 4/3.5 SFH with DADU and I purchased on n FHA owner-occupied loan. I only brought 3.5% down to closing...
www.fool.com/investing/general/2013/12/08/to-buy-or-not-to-buy-your-first-rental-property.aspx
This had some good points but I would say if you are only looking at 5 year return then RE is not your game. Also...