Jennifer Day
Refinance fell through due to commercial zoning
I was 4 months along trying to refinance my primary residence, the appraisal came back that the single family house is zoned general commercial and now the bank won't finance because if it was ever destroy over 80% th...
Julie Kern
Thoughts on buying a house with LP Siding?
My husband and I are in the market for our 3rd rental property. Yesterday we looked at 3 houses, 2 of which were built in the 90's and have LP siding. For the house that had the strongest potential as a rental, the ...
Patricia Vildozo
Renting to buy and flip
Hello BP Community ,My name is Patricia and this is my first time writing in this forum, I hope to get your feedback.In 2014 we bought a HUD house trough FHA with 230k , after a lot of work we finally came to a point ...
David Honeycutt
Anyone heard of RESGOA?
Has anyone invested with Real Estate Syndicate Group of America? I sent them an email to get more information and this is what they said...Hi David thanks for the email. It's pretty simple actually, all you have to do...
Tom Roarabaugh
Raising money privately from a friend
Hello everyone, I have the option to borrow $35,000 from a friend as a loan. Lawyers would write everything up so it’s legal. He’s only charging me 2% on the entire loan for a 7 year period. I plan on taking that mone...
Anthony W.
Please poke holes in my plan and also leave comments
I plan to purchase my primary residence (Ft. Sill, OK) with the VA home loan (live in one year) move, rent this residence and use an FHA loan on the next. Is this possible? Does anyone have an alternate route to get s...
Toby Jurging
Paralysis by Analysis
Hello, I am analyzing a deal (actually made offer, they rejected, so re analyzing) on a DUPLEX.
Well maintained (all mechanicals are no older than 6 years; new roof 3wks ago, new elect boxes,etc) 1 tenant just move...
Mariqus Alexander
Unbudgeted items that can kill a budget.
Over the years, I’ve gotten better at creating a budget that can actually be met. I used to create a budget with the hopes of everything going smoothly. After performing more the 30 plus rehabs, I’ve learned now to ...
Account Closed
How could I finance this complex without my money?
I found a seller who wants to sell 8 townhomes (4bed/2.5bath/2200sqft each). They currently rent for 2200 each. 5 of them have 12 month contracts on them, the other 3 are currently vacant due to renovations being done...
Megan Barron
Current interest rates
Interest rates are looking very good right now. I found a really good rate of 3.375 for a 30 year fixed at Sterling Bank and Trust.Has anyone ever worked with them before? I visited a location and it seemed very cheap...