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Results (10000)
Account Closed Assumable Loan Experiences
12 December 2014 | 11 replies

I'm wondering if those of you who have formally assumed a loan in the last 10 years could share your experiences. Was there an application, what was the qualifying process. If you were denied, what were the reaso...

Jamie Hogan Charged Off - What does it mean?
2 March 2012 | 8 replies

I have a friend that had someone else managing their money. Several mortgage payments were missed. I guess the bank had someone drive by the house and saw that it’s in terrible shape. They determined that it would ...

Kevin Larson Refi with low appraisal value
31 December 2020 | 7 replies

I completed a Brrr earlier this year.  When I refinanced the property to pay back my private money lender the appraisal came it at $105k.  My projections and comparables in the neighborhood supported an appraisal at $...

Frank Agyeman-Duah Tenant's credit at 524
26 February 2021 | 22 replies

I listed my rental property on Zillow and received a completed application from a prospective tenant who's credit score is 524. Rent for the property is $1600 per month and per the credit report, tenant has a total de...

Jay Yoo 401k distribution under Cares Act
29 October 2020 | 12 replies

I found that I can take a full distribution on 401k under Cares Act if it’s taken by the end of 2020. I know I would pay the tax on the capital gain, but can you share what your experience are if you’ve done this? My ...

Alec Newman VA Streamline Refinance Loans
7 December 2020 | 16 replies

Hello BP community,I am writing today out of curiosity if anyone has ever looked into / used a VA streamline refinance loan.I have been learning about REI for about a year now and am extremely excited to get the ball ...

Steven McPherson How do I find the value of a vacant lot
8 June 2016 | 10 replies

I posted this on another board but I wanted to see if I could get some info from a builder's perspective as well...I've got a buyer wanting to find some vacant lots in my area to build on. I'm planning to treat this ...

Gene Baldwin Tenant wants to move in a coworker in need
30 December 2018 | 16 replies

I have a tenant that has a coworker that is in immediate need of a place to stay. The coworker has 3 children. My tenant wants to let her stay with her until she can find housing. We recently bought this property, and...

Rivers Plowden Apartment Analysis and Buying Process Questions
16 January 2019 | 8 replies

I have been analyzing apartment deals and doing a lot of reading/listening/studying and have an assortment of questions that I hope some seasoned MF investors can help answer. Sorry if this is a little long, but I'm r...

Elenis Camargo Do we have to fix this laundry room?
27 February 2019 | 25 replies

Hi BP! I just inherited my third set of tenants. They have lived in the property 12 years. Never had their rent raised. Don’t have a security deposit and are month to month. The property needs a complete rehab as they...