This is a super newbie question, but I just don't know the answer for sure....
On bank-owned properties, is there anyway to negotiate a purchase "earlier in the pipeline"? That is, before they receive BPOs, fix-ups, ...
I have found an 8 unit apartment building for $55k in Memphis . Would banks and credit unions fund a commercial deal this size ? The seller is motivated and I must get this deal closed. But I need to know if I am wast...
I just read a very good blog article of relevance to the discussion about LLCs. Take a few minutes and check out:
Why You Should Consider Forming an LLC for Real Estate Investing
Thanks to Will for the article.
An...
Hi All,
I still can't seem to get a clear answer on exactly how loan forbearance will impact credit reports (not scores). I understand it will not impact my score, however, banks will see that I am in forbearance (wh...
After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....
I wanted to share my recent success story following @Brandon Turner BRRR strategy. We purchased 4 single homes as a package deal that had some distress along with squatters. We dealt with the squatters and got right t...
Hi all, My name is Bob new to BP. I live in the Boston area, 15 minutes south of Boston. I am trying to get financing for my first flip, and have been shot down by 3 banks for a 30 year fixed rate ( not sure if...
First bigger pockets forum post so thanks in advanced for any advice!I purchased a 3 unit about a month ago and have turned over 1 unit, will be turning over another Jan 1. Rents were significantly under market so I a...
Many years ago, decades actually, people with high debt loads, like us real estate investors, could not achieve high credit scores. The algorithm would limit scores based on arbitrary absolute numbers, like $2,000,000...
I’m getting started in investing this year I’m looking to buy my first property this year and then three next year. All under 150k my question is from what I’ve seen once you get to four mortgages it’s hard to get mor...