Can you sell a 203k loan structured house before the construction is completed? As is? Can the bank apply the renovation funds to the Principal?We closed on the house Oct 31, 2018. Had very bad experiences with contra...
Almost all of my income from the past four years has been from capital gains. I have a good amount of cash available, but I'm looking to scale up on my next rehab by financing a more expensive SFH. I got denied for...
I am new to BiggerPockets and have enjoyed the informative Forums. My question is in regards to counting a draw from a Partnership LLC (my wife and I) as income for the purpose of refinancing my primary home. My DTI...
Right now I am working on building my credit with a cd at my bank. They said it could be six to twelve months before my credit builds up. What would you do if you were me?
Help! I’m under contract. I was pre approved but now the lender changed it so that I need to put 25% down and can no longer get a gift downpayment. The property is for an investment, non owner occupied duplex. Does an...
Would it be wise to involve a lawyer when putting together a seller financing offer or get them involved once the offer is accepted so they can just write up the contract etc... ? I never have done one before. Thanks...
Hello BP community,I have a loan structure question. looking to buy a multi unit building ($475,000)Planning on using a traditional loan and a private lender to pay the 20% down.The bank is saying we can not have a pr...
Dear All,I am newbie here on BP and it's amazing to see so many like minded people contributing and helping each other!Here is my situation and any help is greatly appreciated. My friend & I decided to step into R...
A seller wants to transfer the deed into my name but I currently have a mortgage. Can I legally make payments to the mortgage that is currently in place?
Hey all, I have an individual interested in backing a deal I found. How would one go about getting or creating a proof of funds to accompany your offer in this case?