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Results (10000)
Galen Dawes 90 Day FHA Rule - Flipping
14 April 2013 | 7 replies

Hi

I am about to purchase a home cash that will take me about 3 weeks to renovate. I am sure I will have a contract within the first two weeks of listing it. I am worried about the old 90 day rule that alot of...

Ikenna Okoye Lender loan Equity Requirments
17 December 2020 | 3 replies

Hi all,I've been having a hard time understanding some pretty fundamental knowledge in real estate. I've read some posts about the importance of equity in a property, especially for wholesaling and flips, though my qu...

Vincent Pelletier Rental Property Financing. Should I bring Comps to the lender?
16 October 2018 | 6 replies

Hello BP
When looking for a conventional mortgage from a local bank, would you bring Comps with you? I am still working to purchase my first investment and when talking with the lender it seems like it could reduce th...

Tim Walls Buying an unlisted Bank of America pre-foreclosure
10 July 2013 | 5 replies

There is a multi - million dollar property in my town that I have had my eye on for months. The owner just went to jail (long story) for 7 years, and I know that the bank is going to foreclose. But I don't want to w...

Ray Agosto Auction sale questions ?
19 February 2018 | 6 replies

So hello BiggerPockets I have a question about Sheriff's sale or House auctions , like when they do the opening bid in NJ I noticed they do opening bid at 100 but say there max bid will be let's say 170k. The layer or...

Giles Ferrell Funding for Baltimore development
4 July 2018 | 3 replies

Took a trip down to Baltimore today, to check out the possibility for growth and development. Enjoyed the city, but noticed a great deal of potential for housing. I was wondering if anyone would be able to give me tip...

Michael Thach What do you guys do after 10 conventional loans ?
8 October 2020 | 10 replies

I soon will have 10 properties which are either refinanced with conventional loans or bought with conventional loans. How do you guys scale it up after ? Is finding a portfolio lender the right idea ?

Byron Scott Getting Approved for 5+ Units
11 May 2020 | 4 replies

Hey Biggerpockets,
I am going to start going into banks this coming weeks with numbers and a plan to purchase a 5-10 unit apartment building. I'm new to this so I wanted to ask BP: What do you all think I should bri...

Johann Jells Is there a NJ bank that makes managing 10+ security escrow accounts online easy?
28 June 2023 | 7 replies

NJ requires an interest bearing account. My commercial bank just quoted me $1400 per year to have online service to do this for my 12 units!!! How do other midsize landlords with escrow requirements handle this? The b...

Candace Ellison Spec home deal is dead
16 November 2015 | 9 replies

I have been working with a GC to build a spec home for me and was able to secure a construction loan with my bank. An appraisal was done and title work completed only to find out the house that was suppose to appraise...