Hi BP Family - I'm trying to get clarification on something as I seem to get conflicting information from different lenders. How is rental income calculated for your DTI? I had one lender say they took 70% of the ren...
Hello! My name is Spenser Harding and I have a passion for finance. For the last 8 years I have been trying to figure out the best way to invest. I've done several things I thought were investing - I went to Seattle...
Hello,
I own a new home free and clear that I would like to get a mortgage on. Are there any options out there that the loan will not show on my personal credit reports? What would happen if I financed it in the busi...
Dear BP,
I have just been informed by a loan officer in San Franciso that buildings here will never qualify for fha loans. My idea to buy four units and live in one is out the window. What route should i go n...
Hello folks, I'm looking for my first property. I have some reservations of doing major rehabs but could do minor rehab without hesitancy. Ive basically only been shown or looked into turnkey or very close to turn-k...
I currently own one rental. I buy through turnkey providers, so I am looking at properties listed above market price. Prices have risen so now the cash-flow with these properties aren't that great anymore (if there ar...
I'm interested in learning as much as possible about the details of bridge loans. I'd like to offer this type of loan in the near future, but I want to know as much as possible. Does anyone have extensive knowledge?
I'd like to get ideas from BP members on the topic of seller financing under the new laws.
Not looking for smart comments from several we already know don't like the changes but here's the fact:
It's th...
[b]Hi I have a log cabing home in Okeechobee florida. We are now on our secound contract with a buyer, we can not get the banks to approve a loan for anyone. The problem is the comps, they want another log cabin tha...
I'd appreciate any ideas on how to handle pricing negotiation with the seller based on the below details:
I'm in discussion with another condo owner in my building to buy his 1bd/1br unit. Location is Washing...