Serdar Umur
Financing challenges
My wife & I are just about to close on our second property and found out from the bank (Chase) 4 days before the closing date that their calculations for our DTI ratio are not within their comfort zone. We both wo...
Jim Sestito
Getting PAID
Hi BP,Looking for opinion of the best online resource to collect money from your tenants. I've narrowed it down to;1. Dwolla2. Venmo3. PaypalAny insight/ experience appreciated.
Mr Naj
Checkbook LLC IRA and Personally held precious metal coins
Hello all,I've recently started funding my IRA and it's still too early to make real estates investment. I'm planning to invest in previous metals until I get it to a state where I can invest in real estates. From my ...
James Phan
Failed to give 30 days notice, when does the clock end?
This is in Texas. If a tenant fails to give proper 30 days notice, when does the clock end for loss rent that I can charge them? For example, 30 days from when they gave notice or 30 days from when their lease ends? A...
Cal Ewing
Using RRSP's to lend on U.S. deals? Can you do it?
BP Nation and specifically BP Canada,Can anyone tell me if it is possible to get Canadians to lend on US real estate using their RRSP? I don't know a lot about this except that it has to be at arms-length to lend on C...
Dustin DuFault
Deal Structure Advice When You Have Multiple Investors Lending On One Property
Good afternoon BP!I have two investors (one family, one friend) who would like to fund a flip I have under contract via notes @ 10% interest.What is the best way to structure these deals when you have multiple investo...
George Gipson III
Must move out parents house with 20k
okay here is the situation I live with parents along with my fiance and dog. We moved in about 8 months ago to save for a house. over that time I became an real estate knowledge seeker. So now my advisor cousin says w...
Daria B.
HELOC approved...but....now full Appraisal
Hi,My HELOC was approved (yeah!) and after the "drive-by" appraisal I raised some questions to the lender when I read how the appraiser came to the value conclusion.There are several comps that were used and the most ...
Kelen Weathers
New Property or Pay off Student Debt
So I own one rental property and I can cash out refinance and get $50,000. I'm a High School teacher and want to go from 2 units to 12 in the next 3-6 years. My wife has about $50,000 in student loans remaining. What ...
Anthony Wilson
Credit Repair Guidance
My name is Anthony and I’m in the Chicagoland are, looking for some help with getting my credit score up and some financial guidance. If there is anyone who can help please respond.