Vanessa Pruett-Urie
A mortgage not reaffirmed
Good Morning all! I have a property on my radar that will soon be vacant. The owner is going to just walk away from it because the mortgage doesn't show on her credit and she has purchased another home. She doesn'...
Jonathan Jewell
Mobile home interest expense on a sandwhich lease deal?
Hey everybody. I'm really hoping someone out there has been in this situation or done this type of deal so they can help me out here.
I been buying and selling mobile homes for 4 years now both cash cash and lease to...
Account Closed
Renter wants to rent/lease to own my property
My renter for my property in AZ wants to rent/lease to own my property. Is there a way to do this easily? She does not have great credit, hence the rent to own. It is a newer property and the only way it makes sense f...
Erwin Li
One house hack to the next and how to fund
Hello everyone,
It has been almost 1 year since purchasing my first deal and I'm planning on looking for the next one middle of 2023.
I am curious on how the lending works if I have my townhouse fully rented, does ...
Ayyoub Feza
Loan for second rental property
Hi, We have one loan for my house under my name, another loan for a rental property under my wife name. So if we want to buy another rental property who do you suggest to get the loan? Myself or my wife? We have same ...
Jeffrey Gomez
Debt Service Coverage Ratio Loan (DSCR)
Morning Everyone!,Does anyone have experience utilizing a DSCR Loan? I do not have any properties yet, but I wonder if this would be a sound strategy to get started with my first few deals.
Jessica Monroe
15 Year Notes vs 30 Year Notes
Hello BP Community! I'm 24 years old and looking to purchase a rental property within the next 6 months. A fellow BP member made the comment about putting loans on a 15 yr note vs 30 yr to be debt free sooner which I ...
Tom Henderson
Credit Inquiries
Hello team!I am going thru a couple refinances on my rentals-- a quad and duplex in particular. I recently read somewhere, that if there are multiple hard pulls on your credit within a 2 week period, that the credit b...
Brian C.
Help me read a title report
I'm reviewing the title report attached and I'm not sure I'm reading it correctly. Does the portion of the report indicate that the original Deed of Trust was transferred and is still just one deed or that a second D...
Nakia Addison
First time home buyer
I have an interest to purchase a single family home 2 bed 1 bath 861sq feet. The asking price is great with new upgrades. Neighborhood grade C.I can qualify for an fha loan. Upon my analysis of this property, I realiz...