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21 February 2025 | 9 replies
DTI < 33%Some inconsistencies that I am discovering in the process- Some lenders requiring a hard-credit pull vs some ok pre-approving me with just a soft pull- Some lenders willing to share a loan estimate sheet with exact costs to close, vs some keep insisting that they "need to run the process to get the loan estimate" and that it can only be done after I get into contract.Just before going into a contract, I would like compare all of the pre-approvals and compare their rates, exact cost to close & potential time to close & then pick the best one to make the offer.Ideal scenario- Pre-approve based on a soft pull (so I don't get my credit score dinged every time I work with a new lender)- Share loan estimate sheet with pre-approval for a potential propertyAm I asking too much from the lenders?
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3 February 2025 | 11 replies
I ended up with 12 properties and 20k/mo in income after they were paid off.
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23 January 2025 | 2 replies
As a lender, it is my firm belief that honesty, transparency and service are the most important factors.
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19 January 2025 | 56 replies
However based on these experiences still seem too risky versus just going after some of the options with RealCrowd that seem attractive and proven.
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23 January 2025 | 30 replies
Today its nothing one sale maybe 4 in a year in a mid west market..
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21 February 2025 | 15 replies
After listening to many podcasts with Henry Washington it seems like the MidWest has the best performance overall.Would love to find some seller financing as we would like to build our portfolio as quickly as we can.
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31 January 2025 | 1 reply
I was recently exploring a two-story commercial building for sale on a corner in a growing downtown area.
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16 January 2025 | 1 reply
Sale price: $222,017 JWB Real Estate Capital helps busy professionals from across the world invest in real estate in Jacksonville, FL.
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29 January 2025 | 15 replies
For example: We provide tax preparation and advisory services to people who invest in commercial (including multifamily) real estate, and high w2 earners investing in short-term rentals.
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10 January 2025 | 11 replies
This protects your investment and gives you leverage if there are issues.Other Tips:Make sure the lease explicitly defines the move-out date.Conduct a thorough walkthrough with documentation before and after the lease period to avoid disputes.Handling a seller-to-tenant situation can be tricky, but with the right precautions, it can work smoothly.