I got into a discussion with my father recently about FHA loans and the requirement that you live in the home the majority of the year. We had a bit of a debate about whether or not the bank could do anything if they ...
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...
Hi Guys,My business partner and I are looking to take advantage of the low money down option of using an FHA loan to purchase a 2-4 unit property in the Pittsburg area. I would be the owner occupied resident that has ...
So I have been researching crowdfunding Hard Money Loans and I found Ground Floor. There are 2 types of investments, one thru LROs and another is Notes. I was not able to find any info in regards to their risks in cas...
Hey guys,
Do you use biggerpockets.smartmove.com for your tenant screening? If so, how do you like it compared to others? If not, why not and who do you use? I used it for my prop and it seemed to work really well. W...
Hi,I wanted to know what were the rules associated with Airbnb or Vrbo in the Watauga County in North Carolina, more specifically in areas including Boone, Blowing rock or Banner Elk or other places in the High Countr...
When I have an apartment for rent; do I have to accept applications from individuals that are utilizing or qualified for Section 8.
Can I just state I am not renting to Section 8, or that I am not Section 8 q...
Hi I am having trouble breaking though to the next level (and trying to not become discouraged). I managed to secure 7 loans with my own money and now I am mostly out of money (and options?)With each loan acquired, t...
Someone looking at my apartment said her mom pays her rent. Would you allow this? Run her mom's credit as well, get proof of her income, and have her co-sign?
Hi All:
I am looking at a mobile home park for investment. I have never invested in them so I have a few questions.
Do they act the same was as multifamily homes from an investment point of view? As in, I have to m...