Melissa Faraias
Renting to a tenant who had filed for chapter 7 bankruptcy
Hello BP community,I am in the process of screening tenants to rent out my first rental property so I am a novice landlord. Would you rent to a tenant who had filed chapter 7 bankruptcy 2 years ago for medical reasons...
Jeremiah M.
how does subject to actually work
hello all any help needed. how does buying a home subject to actually work. I understand that if they have so much left over on the property then the buyer will pay this for so long, but does that mean they pay off th...
McKay Moore
Rent Collection Tool
I'm looking for a more convenient way to collect rent that will accept cash. My tenants (less than 5 units) usually pay with a money order in person, but I'd like to have another option that also doesn't require a ban...
Chris Haas
How do I "line up" financing before submitting offers?
I've read a lot of the forums but haven't found my situation.
I'm credit worthy 716 was my recent score when I switched credit cards.
Strategy is buy / hold long term rental. Price targets 80K to 120K.
I have about ...
Michael Jiang
HELOC - getting ridiculously low LTV due to income
Hi BP!I just applied for a HELOC at a major US bank and it turned out they can only offer me a ridiculously low 20% LTV...Here is my situation:1. I own a house (primary residence) which is appraised by the bank at $2 ...
Brandon Sturgill
How Would You Invest $20,000
My REI model is SFH rehab and resell. Looking to take on my next project and will have $20k free capital. Any suggestions or thoughts on this?
Logan Larochelle
Alternative from bigger banks financing orlando,fl
ok I have a few questions, I already have a home loan at $40,000 this is my primary residence, I have had it for a little over a year now and I went through Wells Fargo, now I'm looking for my second home loan, in...
Geoff Woods
Starting to use OPM the right way...
Hi All,
My goal is to have $12,000/mo in passive income in the next 7 years. After locking down my first 4plex through conventional financing, I realized quickly that 10 conventional deals will not get me there. How...
Tyler Rowley
Private Lenders - Nervous to Get Started
I know how to find deals. I have lenders lined up to fund deals. The thing holding me back is the logistics of going through the process of using a private lender for the first time. I don't want to appear ignorant in...
Baha Acuner
A friend is about to lose a property to short sale
This is my first post and I have never been involved in real estate investing before. So here's the situation. A friend , who is about to move overseas for a job, lives in a nice condo in Arlington. The value of the p...