Monica P.
Getting engaged after purchasing primary residence
6 November 2017 | 15 replies
Should I, and do I need to, write a letter to the bank to request permission to live elsewhere and rent out all the units in the building I just purchased?
Brittany Young
First Opportunity to Invest, Should I Go For It???
18 January 2018 | 9 replies
Go to many different banks and talk to the loan officers about what they can do for you.
Tony Wooldridge
WHY CAN'T CONTRACTORS JUST DO WHAT THEY SAY THEY WILL DO????
8 November 2017 | 43 replies
I needed his Bid ASAP since I am using a 203k loan for the rehab and the bank said it needed his bid before they could proceed with the appraisal.
Dulce Beltran
Conventional Financing Commercial MF
7 November 2017 | 14 replies
Try shopping around a bit more, I tend to prefer regional banks vs. local banks for this type of property.
Mealyann Saing
College Student Interview with Father about Finance & Real Estate
3 November 2017 | 0 replies
“Yes, I track my money by reading my bank statements daily.”4.Do you feel like you have a good idea of exactly where your money goes?
Jordan Sitzler
Advice for (fairly) new business owner getting financing/started
5 November 2017 | 3 replies
There are some portfolio lenders that will do a 24 month bank statement for self employed or rental cash flow.
Gary Fare
Entity Formation and Flow of Rent Payments
20 November 2017 | 4 replies
To answer your question,1) let me know if this is what you were trying to achieve.The easiest and simplest way to do this is: - have each property(or few more depending on your risk threshold and situation such as different LLC for different State) under one LLC and have a rental contract for houses under the same LLC, keep a separate bank account and book for this LLC. and repeat the same with other LLCs.
Tony Stinziano
Help Purchase First Rental Property
9 November 2017 | 6 replies
Banks have their place , but I try to avoid them whenever possible.
Tony Stinziano
Most Creative Way to Spend $40K...
3 November 2017 | 1 reply
Talk to your local bank/credit union to see what type of financing you qualify for.
Keith T.
Rent it out yourself or use a realtor
21 November 2017 | 25 replies
I specify in my ad that an excellent credit score and income is required as well as documentation (paystubs, bank statements, references, etc) and background check (costs about $25-30)I rent in a B neightborhood, I charge above market rent for the area but keep the place in top-notch shape.