Taft B.
I have $150K and want to start getting a property every 6 months
I have $150K in cash. I want to build a portfolio of rentals (target 10), one every 6 months or so, and I am brand new. What is the best way to use that $150K? My credit score is 800, I currently rent, no other real e...
Matt DuSold
Short Sale Ins and Outs
So I think I have some of the process down but feel lost still. It might be because I feel it should be more complicated than it is.
Get lead then work with the owner of the house. Get all the necessary paper work t...
Hersh M.
Lending standards loosening? Major price rise expected?
Source - http://themortgagereports.com/21442/low-down-payme..."Housing starts have been fueled by rising rents, cheap mortgage rates, and an abundance of low- and no-downpayment mortgages.The 80/10/10 piggyback loan h...
Raya Peterson
Creative Financing Option Ideas Please!
I would love your input on creative financing options!First the facts:Borrowers / Buyers:Buyer 1: 740+ credit score, Stable long term employment, $75k income per year, foreclosure in 2009 (7 year mark is January 2016)...
Jeremy Holleb
How can I get a loan after being laid off despite having $230,000
Hello everyone. I was recently laid off due to COVID-19 job cuts. Just a mere month ago, I was ready to approach some banks to discuss financing a deal. I have $230,000 ready to go but I’m afraid lenders will not appr...
Jacob Pereira
Forbearance benefits and downsides
I've decided to use the forbearance option on all of my properties due to COVID-19 related hardships, and it has really helped to pad my bank account. A recent conversation with a client/friend of mine made me questio...
Edit B.
California “Rental Affordability Act” Likely Passing in 2020
Not sure why no one is discussing this once again- In November the “Rental Affordability Act” is likely to pass according to polls.This bill removes protections from Costa Hawkings which made it illegal for CA cities ...
Joshua Roberts
new to this game.
helli my name is Josh and currently i ive been contiplating on buying my first small home to hopefully rent out come tax time 2014 I'll have around 5500 to invest. I work nights full time and have a wife and 2 kid...
Jenna Bamlet
Rental loans in North Carolina
Hello,I recently finished my first solo property. It’s been on the market just over a month and I had one potential buyer who terminated the contract. It’s time for me to use my back up plan of making this property in...
Ohad Benjamin
Finding deals in Memphis
Hello BP members,My partners and I are looking to purchase some properties in Memphis. We have a pretty clear idea of the type of properties we are interested in (A small multi-family or a portfolio about 10 units in ...