Hello BP Community,When purchasing am residential MF property out of state - Should I use a local lender in California or should I use an out of state lender in the area I am planing to buy in e.g North Carolina? Does...

 I now own 3 rental homes in the Lansing area.  I bought all 3 as foreclosures in 2020 and since they are all now rented, I will be pursuing purchasing properties in the Downtown, REOTOWN and Greater Lansing area.  My...

As of 27 July Loan Depot reduced their cash out refi LTV from 75% to 60%. Apparently we missed the 75% by two days.

Does anyone know of any banks still offering 75% LTV? Or has his ship sailed?

Thank you

Just a quick question maybe that you guys could maybe answer because Ive been searching and can't seem to find an answer.  Currently working with someone on getting a loan on an investment triplex...  It would be a in...

Hey y'all, I'm  trying to get a houses for $30k or less, in most cases I'm inheriting a tenant possibly. I'm trying to find options in securing a low loan amount. Quicken Loans said that 30K was too low to loan. Any s...

Hello all,I am currently looking at a property that doesn't seem to need too much work. It is an older home and really just needs updates in kitchens like counters and a few appliances. Some paint and a deep cleaning....

Hi All,Im looking at a duplex that 1 unit a traditional house and the other unit is a manufactured house.  The seller want cash offer, because they think buyer can't get a conventional loan because of the manufactured...

I'm closing on the 30th on another SFH and was reading over some documents today and noticed that my lender (30yr 4%) says the maximum contribution at closing from the seller is 2% of PP or in this case $2700. I'm pre...

My wife and I are splitting up and she has a contract for a 2-unit where she will move in one and rent the other. The lender put her through the rigorous application process and suddenly the loan officer is telling he...

Hi I have 2 properties that I need to get funded that are not credit driven. I'm looking to find a reasonable private or Hard Money Lender that Investors normal go with to get funding. What is the due diligence that a...