Mortgage scams and other lending scams are common in today’s tight credit markets. Banks aren’t lending and everyone is looking for private money loans to fund their investments and businesses. When the market demand ...
I have a property under contract and have been working with a loan broker FOR OVER A MONTH! I'm in clear danger of the seller's patience running out. Was told we "passed" the lender's test: 730 Credit scores, ple...
Hey, I'd like to get both landlords' and renters' thoughts on this. During the application process, I believe it is beneficial for both the landlord and the renter to have the renter be the one that runs his/her own r...
Dear BP, I inherited a PM when I bought my turnkey rental last year. Since the beginning, there was not any conversation or update initiated by the PM and I always had to track him down after I noticed an issue. M...
I have a tenant applicant who had chapter 7 discharged and assessed amount paid 6 months ago. His app states it was due to problems when owning his own business. He has a union job for the past two years making well...
Hi all, I posted an intro in the new member section but also wanted to post here. I live in League City and work downtown. In a nutshell, I’m interested in single family rentals in our region to start my REI journey....
Hi, this is my first post since turning BP Pro a few months ago. I closed on my first rental property, a townhouse in the Canton neighborhood of Baltimore on 6/14. I am using a property manager, and there are listings...
TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...
Used yellowLetters complete to send a 6 month campaign to outside owners (absentee) non-llc, who have 50-100% equity in the Florida Keys. I fielded over 150 calls, and had no reasonable leads. I added a new phone num...