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Results (10000)
Mark O'Brien Bank has different criteria for evaluating quick flips
2 June 2016 | 4 replies

Wondering if fellow investors have run into this situation. Our current prospective buyers are using Bank of America which is giving the appraiser and our real estate agent a hard time. The BofA underwriter says that ...

Samantha Magina Auction: Bank of America customers prohibited from bidding?
4 January 2018 | 4 replies

I'm watching a few auctions in NY right now and this disclosure caught my eye. What is a household member? is that a person that owns stock or is it a person that has a bank account? I'm stumped.  Bank of America, N.A...

John Jacobs Private Money Lending--Requests Made by my Bank
26 May 2024 | 19 replies

Hello BP,
I have been a very active private money lender since 2014.  I have a single member LLC (me as the sole member) that lends only to real estate investors.  That is I do not lend to owner occupants.  I only le...

Lisa Beard Lenders/Banks/Credit Unions with no Seasoning Period?
24 October 2022 | 12 replies

Hello! I am rehabbing a home in TN and am looking for a lender with no seasoning period. Would like to start the cash out refinance process around month two of owning the home. Any you have used that will do 75% LTV o...

Tony Nguyen Bank owned 6 unit - what would you offer?
25 April 2011 | 4 replies

Listed price is NONE. I've personally never seen that before so I want to make an offer to see how the bank responds. What would you guys offer with the numbers below?

- 6 units, 2/1 each unit
- built in 1985
- Jus...

Brian Braunhuber Want a HELOC what is the best Bank?
10 May 2017 | 24 replies

Hi all, I wanted to get a HELOC on my rental and wanted to get some recommendations for banks to use. The rental is in the Portland, OR metro area but I live in the Austin, TX metro now. Should I get a local lender in...

Kevin Franklin How to intervene before bank places tax lien...
17 April 2017 | 5 replies

I know a friend of the family that inherited his mother's house after her passing away and now, years later, he is on the verge of losing the house due to defaulting on property tax.  No tax lien has been placed on th...

John J. Traditional Bank REI Loans & Credit Card LOC
8 December 2017 | 5 replies

So, I've getting my feet wet in understanding where funds can come from for deals when you yourself have very little liquidity. I went to my local bank and they informed me that they do standard 75% of property Value ...

David Kimball Respond to bank counter offer with firm stance?
26 July 2012 | 8 replies

When responding to a counter-offer from a bank, what is the best response?
1) inch up the price by $500 or $1000... or even $1500.
2) respond with the same price firm
3) "Serious" counter offer, i.e. 5-10k more.

If i...

Michael Cantero Owner Died no heirs, Bank is paying taxes
8 March 2022 | 2 replies

I have been looking at a property that has been vacant for several years, and a couple of years ago skipped traced, family, called and emailed with no avail, property taxes have been current for the last several years...