Jon S.
Lender requests a "Breakdown of Renovation Expenses"
How does one put together a breakdown of renovation expenses for a commercial bank loan application? Does anyone know a short and simple way to do this? I must be having a hard time seeing the forest through the trees...
Deepak Malhotra
Line of Credit on Property in LLC
Hello, I have some free and clear properties in Texas, Mississippi, and Nevada. I would like to put "friendly" liens on them as a barrier to fraudulent transfers, which are apparently on the rise. Which banks are al...
Miles Presha
CREATIVE FINANCING SOS!!!
This is the 2nd time I'm asking for help so I will re-word and be brief as I've yet to get a satisfactory answer.....A hypothetical situation:Joe currently lives in a house on a lease option to purchase. Joe has a ta...
Daylen Fiallo
Is it possible to get a conventional mortgage with low taxes?
Hi Everyone,I have been a loyal follower and listener of Bigger Podcasts for almost a year in a couple of months. I have been spending the last few months saving and finishing up my degree (graduated with 0 debt) . I ...
Annie Irizari
Mobile home value /Real Estate Contract /LOI opportunity
Where do I go to find or obtain current value of a mobile home, to be specific its a 1999 Harbor mobile home 32'x80'. What's the lifespan of a mobile home - 30 yrs?, which would put this at 2029 then it's a tear down...
Mauricio Arroyo
How much should I be able to qualify for a HELOC w/ $350k equity
What should I expect to get out of a HELOC if my primary residence has about $350,000 in equity? So far I,ve only been approved for $45,000 but that seems low. Anyone got any tips/advice?
Darsh Kumar
Purchasing Parents Home as 1st Rental Property
I have been in talks with my parents about purchasing their current home and I'm renting at this time. Their mortgage is too high for them to afford but with my income/credit, I'd be able to purchase their property. T...
No Name
Title Co. Asking For SS#?
When I assign my contract to an end buyer is it normal for the title company to ask for my social security number?
Noah Lomax
1031 Replacment Property: Help Me Understand My Options
Hi BP Experts!I recently sold a home in California for $855k, rolling $236k into a 1031 Exchange. I bought a prelacement SFR for $555K, with ~$140k. This leaves me with ~$94k in the account and the need to purchase a ...
Quianay Laing
Where to put flipping income?
Hi there!! We are doing our first flip and are debating where to put the income going forward in terms of managing our business.. We know we are going to immediately use some to purchase more property. Those of you wh...