Ben Bakhshi
Wells Fargo Update: No more loans if you have 4+ mortgages
We just got a HELOC approved with Wells Fargo for a borrower that has over 4 mortgages. We started an application for another HELOC and they said that their rules have recently changed.
Just so you know..
Logan Turner
Negotiating with GC bids
So does anyone negotiate with bids they received from general contractors on rehabs?
If so how do you usually go about that?
I put together a detailed scope of work and a bid document for the contractors. They the...
Jason V.
Ready for Self-Help Eviction, but I accepted a rifle as deposit!!
Definitely many legal issues at play here, but I'll give my side of the story before starting this process to see what you guys think (besides the fact that I'm incredibly stupid & naive for breaking numerous rule...
Account Closed
Hard Money Loans vs Private Investors
We are a construction/flipping company on the east coast Virginia area. (Currently averaging 40-50 deals a year). I know, everyone says that they are flipping that many a year, however for the sake of the question le...
Jason Wen
Can landlord cancel lease signing appointment? -w/ nothing signed
Can landlord cancel lease signing appointment?Tenant has signed nothing, no lease. Not completed a rental application, not provided anything in writing, not a signed lease, no personal info exchanged, no key given, no...
Noah Jacobson
Creating a Rental Policy/Procedures Binder
Hello BP Community!I recently purchased my first property (a side-by-side duplex that I am currently house-hacking) and finished Brandon and Heather Turner's book, "The Book on Managing Rental Properties". In the book...
Stefanie Pittman
Newbie Question re: Agent/Broker
Greetings,
Could someone help me with the following:
I'm taking a home study short sale course and I have never bought a home before so I don't know anything about the buying process. I started a little backwards. A...
Brandon Schlichter
How far is too far to own rentals?
Just what the title says , what is too far to own rentals distance wise?
I'm sure that in some cases you might be able to own them out farther if they're in groups.
So , for those of you that OWN rentals (I can't sa...
Edward Barnes
203K Loan - Contractor Pain
So I'm knee deep in a 203k loan, mid-rehab. My contractor pretty much did the juicy/profitable items of the rehab and quit, namely some foundation work and roof.
The HUD consultant did an exit inspection and ...
Sean Doyle
Best Section 8 Markets
Hi all, Curious on peoples thoughts for best Section 8 markets that they have/are currently invested in.Thanks, Sean