William Coet
Using Leases To Prove Income To Lenders
Hello,-Can leases be used instead of tax returns to prove income to lenders? -For an equity loan on an income property, can leases be used by themselves to prove income?-Do banks always require tax returns? Do priva...
Tony Gunter
Construction Financing 1-4 Multi Family
Hello BP Family,Does anyone have a suggestion/recommendation for any lenders that do this. It seems an underserved niche between SFR and 5+ multi family lending.Specifically, new construction loans for duplexes, Tripl...
Mark Plesha
Portfolio lending/Northwest Indiana/46322
I am curious if anyone has had luck with portfolio lending in northwest Indiana, and if so, what bank/broker? I'm from highland and am looking to buy my first investment property and want to structure the financial si...
Kyle Ellico
New in Kingman, AZ
Hey guys! My name is Kyle Ellico, I'm from Kingman, AZ, and I'm new to REI! I'm looking to buy my first property this year, probably using a USDA loan and living there for whatever the required amount of time is(if t...
Account Closed
FHA underwriter wants expense breakdown
buyers realtor calls me today and says that Buyers underwriter wants to see a breakdown of my expenses invested in the property supposedly because the FHA guidelines now require this. I'm afraid they'll see the pr...
Patrick Mora
0% usda down payment first time house buyers
I want to buy a house with 0% down payment with a usda loan. From there I want to use that house to pull money out of the bank to invest in forclosure auctions. I make 48k a year. Can I afford to pay both? Will banks ...
Katherine Weekes
Advice on LLC set up and/or recommended attorney
Looking for advice (and/or a recommendation for an Ohio attorney) on whether I should set up a company to hold my investment property(ies). I am looking to purchase a SFH in Cleveland, and hopefully a couple more with...
Ryan Slicer
Self directed IRA help!
BP community,I need some guidance on SDIRA regulations. I am looking at a single family house hack currently and planning to fix and flip within the next 6 months. While running my numbers on the property, I think it ...
LaToya Faith
New Realtor, working on my first deal...ATLANTA
Hey everyone!! I'm a new realtor, here in Atlanta, Ga. I'm currently in the middle of my first deal and I feel like a fish out of the water. What looked like a great deal is now in danger...now that we have it under c...
Moni Pierre
Can I relist and sale my home?
Hello does anyone here know if I can relist and sale my home if my previous buyer did not perform? They signed off on all contingencies. They are not releasing the EMD or signing the cancellation. My ex realtor says C...