I am looking at a $1.5M property in OR to purchase as a 2nd/Vacation home.  It is in a very hot market, and they will most likely get cash offers.  My first preference would be to purchase with a 10% down vacation hom...

Hi,Does anyone have insight into the max LTV that can be borrowed on a 2nd position HELOC? On a max LTV what is the typical DTI and required credit score? Thanks!

I wanted to thank BiggerPo for posting a great article on the "Real Estate News Blog" - everyone should read this one! http://biggerpockets.com/renewsblog/?p=15

It talks about how to prepare yourself for when foreclo...

Hello Bigger Pockets world I am hoping to get direction on a good way to properly vette a CPA, Banker or Insurance agent.  It is a constant struggle to find professionals that are a resource and not simply transact...

Spoke with a guy who has invested in Real Estate for 30 years and is looking to sell some of his investments at the end of this year or beginning of next year. One of his investments is a 10 Unit Apartment Building.Go...

How would I go about getting a heloc on a vacant lot ???

Hi All,Hope you're ready for the upcoming week!For anyone who's worked with Shawn Huss and team at Chemical Bank, do you know what their policies are with transferring title from a personal account to an LLC? I doubt ...

My private lender is having me sign a deed in lieu. If I understand correctly this means that if I default, he doesn't even have to foreclose he can just file the for the deed to transfer to him.

Now, what is...

Hi All,Looking to do a cash out refi on a SFR that I own outright here in Durham NC. I spoke with Wells Fargo, but it seems they 1) will only go up to 75% of appraised value and 2) will only do 75% of final price if t...

Hello Everyone,

Does anyone out there purchase houses direct from the lender after they are auctioned at the courthouse steps but before they are turned over to the Realtor? I have just started sending a fax and emai...