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So. I went into the mortgage lender at PNC today to just pick their brain about getting pre-qualified for loans towards investment properties. Sweet lady, but hard to follow. From what I have in my notes. It appears ...
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Ideas to Get around the 6 Month Seasoning Period most Banks require?? It is slowing down my BRRRR process. Most the banks/credit unions I have talked to require 6 months.
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I have been noticing a few bank owned foreclosures in my area that have caught my eye. In your opinions, how negotiable is the listing price and how willing are banks to accept a lowball offer? I am looking at one t...
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I am currently saving for my first down payment on a buy and hold real estate property. I'm using Barclays with their really high 1.5% APY savings account. A lot of people will argue that if you are saving for a down ...
Hi everyone, I basically have a friend paying for an investment property which we will flip and then share the profit. My question is - do i have him pay into the LLC and then pay the title company from the LLC? Or ...
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I have a property that has a cash flow after expenses of $175 a month. My question is should I let that money build up in an account or apply that money to principal on the mortgage?
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Any recommendations for commercial loan brokers/banks for investment property in Tennessee and Arkansas? Looking at multi-family properties - 10-100 units. Will purchase with down payment/loan, value add and refi in 1...
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What does everyone think about establishing a relationship with a bank BEFORE investing? Like just walking into a local/smaller bank and introducing myself to them and what I want to do in this area? Talking to them a...
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Hey Biggerpockets, I've dabbled in residential real estate for a while but am thinking about moving up to commercial. Hoping to get some clarity on the commercial lending space. Here are two scenarios to help explain ...
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Hi BP,I'm looking for some advice, if I plan on going into a few local small banks over the next few months in hopes of building a relationship or two that I'm hoping to need about 9 months from now; what documents sh...