Sabian Ripplinger
should i use hard money to grow quicker
23 January 2025 | 7 replies
Most hard money lenders will want to know about your track record - if you have no experience, partnering with someone who has a track record will likely be an easier path to approval (and likely higher leverage) than applying by yourself.
Tyler Graber
scale from 1 to 2?
21 January 2025 | 8 replies
She's a beast and you'll likely get approved which will give you a revolving source of funds to keep growing Griffin what terms are you seeing on products like this?
Allende Hernandez
Do you run screening in all the potential tenants?
22 January 2025 | 16 replies
I've had qualified renters move into a rental, add their bum friends or family members, and then disappear, leaving me with bad renters who weren't approved and aren't on the lease.The best practice is to screen every adult, approve them, and add them to the lease.
Angel Mora
Evernest Property Management
29 January 2025 | 25 replies
So we don't even have an approved inspection much less a lease with this potential tenant.
Blair Ross Jr
How to separate utilities?
22 January 2025 | 10 replies
I also had to get it approved by the city which was pretty easy.
Lulu Lue
203K Loans Impossible (!) Says the Lender
27 January 2025 | 5 replies
The last lender I’ve tried to get a pre-approval had a, imo, patronizing response saying,”Although lots of people talk on social media about buying a three or four unit property with only 3.5% down in practice it almost never works.”All lenders who I’ve tried to give a pre-approval for has tried to sway me to switch to a 5% conventional instead.
Kimberly Venable
A little about me
27 January 2025 | 11 replies
Your first step is- Get approved for a loan (unless you plan on paying cash).
Don M.
First time with new construction: Cape Coral, FL
20 January 2025 | 204 replies
@Don Miller Congrats on the permit being approved!
Rohit Raturi
Advice Needed: Buy Property under LLC or buy under personal and then move to LLC
20 January 2025 | 5 replies
It's usually the member/borrower's creditworthiness that is the issue and interferes with approval, not the LLC.
John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
29 January 2025 | 5 replies
- Will lenders likely make me wait more than 1-6 months from closing on my multi-family, to approving lending for the second home?