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Hi everyone,I have a newbie question regarding purchasing a property through conventional financing and then quit claiming it into an LLC. I am aware of the risk of the loan being called as a result. However, I'm curi...
Hey everyone my name is Andy I’m a US Marine Veteran and I have really bad credit due to really bad choices and jumping right into things without doing my due diligence. I qualify for 100 percent financing with my VA ...
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Hello everyone. Here is the situation I am currently in and trying to resolve. About a week ago I bought a single family rental with cash and I bought it way under value. I would like to refinance it asap for the appr...
Good Evening BP Members:I have been receiving inquires from potential borrowers from Maryland, New York, Arizona, Illinois and sometimes California about me getting them 100% financing.I have personally have not com...
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Hello, I am looking to preferably build rental portfolio. I want cash flow. I have been talking to sellers that have distressed properties. So I was thinking of acquiring these distressed homes w short term seller fi...
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Hello everyone,Would you share your experience selecting the lender for your first 10 rental properties? Since you can get conventional mortgages with Fannie/Freddie, what criteria do you use to choose a Bank? Or wou...
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I was planning on buying properties and sell them using owner finance. Then, I read the Dodd Frank and SAFE acts and ran into a road block. I heard that you need a Mortgate Loan Originator.All I wanted to do originall...
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Hello All,
I would love to learn more information in regards to multifamily apartment investing. I would be interested in starting my portfolio with Class C apartments, with about 6-8 units to start. I am intereste...
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Hi folks,I've been reading a bit about HomePath (by Fannie Mae) and trying to get a sense of what experienced investors think of it as a starting point for new investors.www.homepath.comWhy my wife and I are consideri...
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Hi BP,I'm looking into purchasing a house with my brother in law in Mississippi, North of Oxford. It was his brothers (he lives next door). I live in Sacramento , CA. We are thinking of putting it in an LLC. but ar...