Jerry Skefos
Website Idea: Investors can review their Lenders
16 May 2024 | 4 replies
I've personally worked with a handful of "investor-friendly" lenders, primarily on DSCR loans in recent years, and each time I've run into significant delays, lack of transparency about the process, have been fed the requirements in a piecemeal fashion (every few days there's a new random request rather than having it all organized from the start), and have even run into lenders who were substantially misinformed about the real estate industry or the laws that govern it on both a local and federal level.I think there should be a better site to encourage accountability by tracking how long it actually takes each lender to close their loans on average, and what unexpected hurdles investors encounter when trying to work with them.I can't seem to find such a site.
Calvin Hayward
How Much Do You Spend On Closing Gifts
16 May 2024 | 7 replies
Typical present varieties involve personalized items, helpful items, and encounters.
Ashley Wilson
Vertical Integration - Savior to Multifamily (MF) Investing?
16 May 2024 | 11 replies
Interest rates, insurance hikes, rise in real estate taxes, eviction delays, rising expenses and delinquency are just a few problems investors are encountering.
Marcus Clouse
Does hardmoney lender ask for building permit for spec home before you own the land?
15 May 2024 | 10 replies
Hml should not require that in advance. instead, if building new, reconfiguring, etc, something a municipality might not go far, they are perhaps looking for now security before purchasing. which of these sounds like what you've encountered?
Sariya Saabye
How do I buy this vacant property no one is claiming??
16 May 2024 | 13 replies
😜)Sometimes the money I bring may be enough to buy the whole place, sometimes it will be the deposit, but in either situation it makes it real.Second issue, Fear.The biggest fear I always encounter is the fear that the debt owed against the estate will somehow attach to him/her personally.I find articles from attorneys that most closely meet their situation and while explaining to them that, “unless they personally signed for the debt, they will never personally responsible for the debt.”
Emmanuel Gomes
Looking to understand ROI more...
14 May 2024 | 2 replies
Hey Emmanuel, Determining your ROI isn't about conforming to a standard "norm" because each deal you encounter will possess its own distinct characteristics.
Tako Nyabadza
Anyone investing in Manitoba?
14 May 2024 | 3 replies
However, after encountering the skewed tenant/landlord laws and a political climate that often vilifies landlords, I found the conditions unfavorable.
Gavin Ells
Starting out at 17.
15 May 2024 | 9 replies
You'll encounter setbacks and face numerous rejections and criticisms.
Corazon B.
Real Estate Agents want to keep the Good Ones?
13 May 2024 | 13 replies
While MLS remains the primary platform for on-market deals, the majority of deals I encounter originate from off-market sources, often through wholesale channels.
Kimberly Paul
Misrepresentation by Real Estate Agent Seeking Advice
13 May 2024 | 2 replies
Unfortunately, I’ve encountered several issues with the agent’s conduct that have left me feeling misled and frustrated.