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Results (5602)
Conor Freeman Rising Interest Rate Environment
1 December 2017 | 1 reply

I've seen some conversations on BP recently regarding balloon payments, refinancing, and interest rates, so I thought I'd share a short article I wrote for my firm regarding forward commitments and how they vary betwe...

Bryan T. Preapproval... What if bank statements and tax return don't match
9 May 2018 | 5 replies

I have never purchased a home before so I am wondering if the conventional mortgage preapproval process is similar to an IRS audit. For the preapproval, what if bank statements and tax returns don't match? Do they che...

Chris Mason The "I must think about refinancing" crew missed out? Nah...
16 March 2020 | 5 replies

Well, in the short term, yeah, they did! The "We must discuss this with our mother-in-law" crew did indeed miss out in the short term. They didn't take their LO's calls, they didn't respond to that text, they mucked a...

Xochitl Cadena Does Section 8 pays first and last month lease requirement?
2 January 2021 | 9 replies

I am wondering if any of you can clarify how you manage renting to Section 8 tenants regarding the rental required when entering the lease? I was under the impression that Section 8 pays first, and last month while th...

Daniel Jost Hard Money vs Business Credit
7 May 2020 | 8 replies

I recently watched a webinar from a company called Fund and Grow that seemed interesting. They strategize using 0% interest business bank credit cards at $50-$250k credit limits to buy properties, and you use a third ...

Ana Mocanu High Price State / Low Income for a Loan
26 October 2022 | 5 replies

Hi Everyone,
The issue I'm having is that the state I currently live in has extremely high prices. (WA) I'm just starting out and am hoping to buy a multifamily in the near future. I would love to buy in my state as ...

Johann Jells Is a "no appraisal" Line of Credit possible?
24 February 2019 | 4 replies

We're cancelling a line of credit on a property with no mortgage, because the required flood insurance is crazy expensive and won't help us anyway. Thieving bank want $100 just to end a $0 balance loan! This line is m...

Brandon Ribeiro Got my first Wholesale deal!
18 June 2020 | 7 replies

I got my first wholesale deal...well almost. I was reached out to by the property owner of a commercial building- used to be a tattoo shop downstairs and a 3 br 1 ba upstairs. It is currently on the market for 310k an...

Kervin P. Tenant screening during pandemic
1 September 2020 | 6 replies

I have a vacant unit and I'm hesitate on getting it occupied during the eviction moratorium. Anyone doing anything different with screening? It's unfortunate some individuals take advantage of the system.

Linda S. Screening-- include overtime hours?
6 December 2016 | 6 replies

Hi BP Community,I just wanted to check in, and see what other landlords do with screening.   Our property is a duplex, and one side requires $675/month or 3x income is $2,025 minimum income.   A potential tenant recen...