Zach Howard
Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
Assume you will be making payments in it.
Derek C. Thompson
ATM Investments fund
28 December 2024 | 13 replies
Looks like Paramount is under Federal investigation for having failed to make agreed payments.
Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
If you offer more $ for the property than the all cash offers AND you appear to the seller to be highly qualified in the method you are using for sourcing the payment, at some point your offer will be more appealing than the all cash offers.I don't understand why you would consider a 1031 for another property in two years.
Phillip Austin
TREND - PM companies offering financial assistance for security deposit down payments
27 December 2024 | 8 replies
Because the payment is coming from the tenant, and not the surety bond provider, claims are always processed without a fight.If you are interested in considering a surety bond program, I recommend Obligo.
Kyle Carter
Screening tenants effectively
7 January 2025 | 5 replies
Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!
Lamier Guzman
Newbie Here (Duplex/Sfh)
10 January 2025 | 23 replies
It is invaluable to quickly calculate a mortgage payment.3.
Lenny Montesano
Young aspiring real estate investor seeking advise
3 January 2025 | 26 replies
There are tons of loans out there that use just the projected or actual income from a property vs the payment of the property (DSCR loans).
Yvonne Wang
Example of a contractor contract and work list?
4 January 2025 | 3 replies
Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.
Brad Kanouse
IRA funds as down payment
18 December 2024 | 15 replies
Hi Brad, I believe a 401k loan may be helpful in terms of putting toward a down payment if needed.
Clint Miller
Where Do You Find the Funds for the Down Payment?
20 December 2024 | 11 replies
I do not see why a down payment in real estate is "tricky".