Hi Everyone,First off, I'd like to thank and recognize those that chose to give their time in helping me. I'm new to the BP community as well as real estate investing. I'm currently applying for a loan to have enough...
My situation.... i currently have 2 mortgages in my name. Credit score in/around low 700 but debt-income is too high to purchase a property on my own. I dont want to sell the 2 properties i have nor tap into the equit...
Can the mortgage broker keep the appraisal deposit, if I go with another lender? The appraisal has not been done yet. I gave them the deposit fee to lock the rate, but they came back and wanted 30% down instead of 25...
Hi I'm in Georgia and need to know that after closing a deal where you buy sub 2 then sell with lease option, do I set up an escrow account for the tenant to deposit monthly rents too and what sort of statement wou...
Can you guys enlighten me with a breakdown of holding costs? What do you pay? The price of the loan, utilities, insurance, and maybe half a year of property taxes or so. What else is there?
Hey guys ! I’m completely new to this community and would like to introduce myself! My name is Robert and I am 22 years old with and very high drive ! I am currently looking to utilize my VA Loan for a small multi fam...
Hello all! I am a young 22 year old and I work full time as a Sales Rep (salary+commission). With the info I received so far, I am able to qualify for a mortgage of about 225k. Given the current market prices, this is...
So I'd like to say I'm following the BRRRR method, but I'm currently done the following, Buy, Rehab, Rent, however, I've never refinanced a home, so I'm not sure what the process flow typically looks like other than s...
I have a self-directed IRA that I would like to use to invest in a third party's flip. In thinking about a promissory note that would avoid both a prohibited transaction problem and an Unrelated Business Income Tax ("...
Does anyone know a good self directed ira and 401k provider that also allows stock/bond/good investments that has Roth options and may even allow loans to be taken against it? I use quest ira and they don’t allow stoc...