Lynnette E.
occupied foreclosure, why did the bank ot evict?
I have been looking at some foreclosure properties and some of them are occupied. Why would a bank foreclosed property not evict folks that are in the property prior to selling it if they are not renters with a lease...
David Sisson
Realtor and Bank recommendations in Providence RI area
I'm looking for recommendations for a realtor who works well with investors, and a bank too. Here's my situation:1) Looking in the Providence Rhode Island area, and surrounding communities (Pawtucket, East Providence,...
Pete Broom
Setup first condo rental ownership and bank structure
I just got my first rental condo. The condo is currently under my spouse and my name. A few questionsHow should we put as owners of the property? Us as owners? Or create an LLC and move the property to the LLC?How sho...
Pete Broom
How should I setup legal and banking structure?
(repost since i did not get many replies)I just got my first rental condo. The condo is currently under my spouse and my name.A few questions How should we put as owners of the property? Us as owners? Or create an LLC...
Bryan Morgan
Joint Bank Account Required To Send Rental Income
My wife and I have a rental property in Indiana that we have had for 18 years. We recently closed our joint bank account that the property manager sent ach transfers for rental income to. We provided our new bank acco...
Don Carey
having brrrr issues with my bank... need advice
So im having some issues with BRRRR strategy. The bank i work with is telling me if I buy and fix a property then go to refinance that property in less than 1 year, they can only lend the lower of the appraised value ...
Jay Elvin
What Banks Will Do HELOC on Investment Property?
Has anyone used a HELOC on one of their investment properties to put a down payment on another property? Anyone know any banks in PA willing to do so? I have one bank so far but looking for others to compare. Thank...
Stephanie Freed
Bank Owned Property purchased for buy and hold
Investment Info:
Single-family residence buy & hold investment in Rockford.
Purchase price: $55,000
Cash invested: $59,106
Lovely 2 bedroom 2 bathroom SFR with over 1700 square feet of living spa...
Naveen Kumar
Maryland investor friendly Credit unions or community banks
Hello fellow BP'ersI am coming to the first year anniversary of my first investment property purchase that I had bought in cash. I currently own it fre and clear and am looking to get a HELOC for $50k from a local cre...
Julie Taylor
Manufactured Home - Bank Financing - On Owner Financed Lot
Hey, BP Friends,Advanced apologies for the length of this post.I'm looking at a subject-to deal on a double wide in NC that has been vacant for YEARS. The current owners have a bank mortgage on the home itself, which ...