
30 November 2024 | 3 replies
Second, try to ask for "LINES OF CREDIT" instead of HELOCs.

29 November 2024 | 9 replies
Quote from @Jeff Chisum: If a DSCR originator (keep in mind you don’t need a mortgage license to originate) tells you the loan will not be reported on your personal credit but require you to be a personal guarantor your next request should be; “I want to see in writing it will not be reported on my personal credit”.

6 December 2024 | 12 replies
Does paying with credit card, venmo, paypal etc.......still allow you to NOT SEND 1099s?

30 November 2024 | 9 replies
Apparently they handle all property repairs and maintenance independently and have maintained a perfect payment history, even throughout the pandemic.Lease Option Agreement:Effective Date: November 1, 2022Terms:Purchase Price: $165,000Non-Refundable Down Payment: $10,000Lease Term: 3 years (ends October 31, 2025)Final Payment: $158,000 balance due upon term completionMonthly Payment: $1,150 (no rent credits)I didn't see this to be a deal because if in a the best case scenario my $25000 would walk away with 2400 which is about a 9% ROI.

28 November 2024 | 2 replies
Now, some of these answers will depend on what state that property is in, how much equity you have, and a couple of other factors...but you can certainly seek out other lenders about a Line of Credit on an investment property.

22 November 2024 | 4 replies
There are lenders out there that will lend up to 50% of the AV with no minimum credit score requirements.

1 December 2024 | 91 replies
Syndication certainly favors the syndicator, with all the risk on the passive investor.

5 December 2024 | 17 replies
I give you guys credit for taking the leap and making it work for yourselves - id like to follow in your footsteps in he near future.

27 November 2024 | 2 replies
This Meadowbrook Dr SE property presented an excellent opportunity due to its favorable location and untapped potential.

29 November 2024 | 2 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.