Cory Spitznagel
Buying first rental property while still renting myself?
Hello all!
I was approved for a mortgage today and was wondering if anyone had any experience with using their FHA buying power to buy their first or next rental property while they themselves still rented? My wife...
Allana Alex
Seller breached-contracted with another buyer to do short sale!
Good day BP members,Seller and buyer enter into legally binding contract. Seller later makes themselves unavailable in an attempt to ensure that closing does not occur. Buyer suspicious finds out through property se...
Nicholas Espero
Cosigning a VA Loan to meet qualifications
Hello All!I am currently in the works of putting together my first real estate investment in the form of a house hack. I currently live in the San Diego area where average unit prices are at their highest in about 7 y...
Brittany Brown
ISO: PRIVATE/HARD MONEY LENDER OR OPTIONS!
My husband and I were looking to purchase a home that has gone under auction unexpectedly. I have until June 14th when the auction ENDS to place a bid. I have never purchased at an auction before... and was unprepared...
Felipe Salgado
Los Angeles Investors and Real Estate Agents
Hi everybody, I'm Felipe and I'm a new investor looking for my first deal. I am a veteran and have the VA loan to utilize. I am looking to buy a fourplex somewhere in LA County. Any advice anybody can offer as far as ...
Angela Henderson
Agreement of Sale for LLC?
We own 3 rentals and decided to start a LLC for the next deal. We found a property and plan to submit an offer over the holiday weekend. My son is our real estate agent and it's his first deal ( we're his first custom...
Grant Anderson
How to Verify A Buyer
I am selling a couple properties that I own. I have a couple buyers interested in the properties. I am going to be contacting their lender they provided on the proof of funds. Can they provide me the seller an informa...
Ryan Millsap
Will opening a $50K TSP loan lower my credit score?
Hey everybody! Has anyone taken out a TSP loan? I'm thinking about using that for real estate purposes and am wondering if it will lower my credit score and by how much if I take the full $50,000 that I'm approved for...
Adam Martin
What happened to interest rates
I know rates have been climbing which I expected but on Monday I was pre-approved for a rate of 5.125. I call today to verify the rate before I make an offer and it shot up to 6% in just a few days. Does anyone know...
Herb Lau
Assumable mortgage available at premium?
How much of a premium would a borrower have to pay to be able to use an assumable mortgage to purchase a house? It might have been a great strategy at the beginning of the year when rates were lower, to allow for bett...