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1 December 2024 | 68 replies
I have a couple of short term first trust deeds ready to mature and need to re-deploy this capital.
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7 December 2024 | 15 replies
You only need a place to track tenant information, payment history, maintenance, etc.
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5 December 2024 | 7 replies
You inflated the price $70k but they are only making $50k in payments.
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7 December 2024 | 150 replies
Look on the deed of trust, who is the trustee?
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6 December 2024 | 17 replies
Maintain a credit score of 620 or higher, save for a down payment, and research markets carefully.
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8 December 2024 | 9 replies
I get paid within a day of arrival (I now set up direct pay so I will handle my own payments going forward).
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6 December 2024 | 10 replies
You share the lease, you share his payment history, and you give a total of what is owed.
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5 December 2024 | 25 replies
The website 51west.properties also scores low on scam advisor ("owner is using a service to hide their identity, high number of suspicious websites on the server, registrar has a high % of spammers and fraud sites, website is (very) young, website appears to be hosted by a company with a bad reputation", all according to https://www.scamadviser.com/check-website/51west.properties...)Trust your instincts.
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4 December 2024 | 17 replies
My current monthly mortgage payment plus projected future mortgage payment (2900+2900 = 5800).
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5 December 2024 | 6 replies
They typically have multiple origination points (meaning very high closing costs) very high rates (compared to conventional but also compared to 6 month or longer waiting period DSCR products) and almost always have VERY long pre-payment periods up to 5 years.