Corey Dutton
Loan Declines Flock to Bridge Lenders for Approvals
Where conventional and government-back financing have remained difficult loans to qualify for, more and more borrowers are flocking to bridge lenders for loan approvals. Bridge lenders offer a non-traditional form of ...
Jasmine Claye
Bank Loan on a Rental home
I am thinking about purchasing a home. Initially I thought about using it as a primary home however, now I am thinking about using it as a rental. Would the bank know I am using it as rental if I got the loan with ...
Brian Reed
Taking Over Close Friends Loan
Hello,My friend is moving out of state and I am looking to purchase their home. They currently have a conventional mortgage at about $800 a month (3.25%). If they were to sell it on the market at a higher price and in...
Braeden Warg
House Hacking in Lexington, Sailsbury NC
Looking to get into my first rental thinking house hacking would be the best start. Is house hacking even a possibility in smaller areas such as Salisbury and Lexington NC. Any information will be appreciated and than...
Austin Smith
convert personal loan to heloc or mortgage?
I just had some improvements done on my home: roof, siding, hvac. It was financed with a personal loan at 9.99% with no prepayment penalty. I previously owed nothing on the home. I didn't want to start with a heloc or...
Josue Guerrero
How Does This Work?
I was doing a little bit of reading up on the BRRR strategy blog post by Brandon Turner here on BiggerPockets. I'm slightly confused on the refinancing aspect of the strategy. I'll use his example to demonstrate:Let's...
Michael Mozie
Ways to get low downpayment
Hello BP, I am looking into purchasing a SFH that I will be living in and getting out of my FHA live in landlord situation. The house I'm interested in is quite pricey (over 400K) and I'm looking for loan options wit...
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No Seller Seasoning in Texas?
Hi, Im looking for wholesale lenders, who do business in Texas that do not have title sesoning for sellers, on purchase transactions. Can anyone recommend any to me besides, Long Beach, Decision One, and Wells Fargo S...
Kimberly H.
Finally Ready - Help me analyze please!
Duplex Homepath Property: 20 day look. on the 18th day. Listing Price 99,900Offering: 96,000 (hopefully they will accept)Renovation: 10,000 or lower. Contractor looking at property this week. After rent in the area: $...
Will Bradshaw
Historic tax credit leveraged investment
Investment Info:
Other other investment.
Purchase price: $749,000
Cash invested: $6,300,000
This building was a former industrial laundry along an old rail-line that was converted to a linear park. W...