Jesus Nieto
Need help with SubTo Deal
28 January 2025 | 12 replies
I don't mean to be a "stick in the mud", but successful SubTo is treated very differently than a bank loan investment property.I've done Subject To for a very long time, been sued over some pretty ridiculous accusations and have had to sue to clear up title.
Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers. Â
Robert Medina
Attempting to brrrr but having issues
15 January 2025 | 8 replies
It's actually harder if you are currently living in the property, want to cash out, and then have it as a rental as you haven't proven to the bank that the property will cash flow $600 a month on top of the NEW mortgage costs. 1.
Michael Stutelberg
Duplex in rural MN for sale off market
12 January 2025 | 0 replies
Bank financing.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
It also identifies signer names within the documents, allowing you to uncover the owners behind the ownership entities.Currently, lenders primarily utilize the platform to monitor client and bank activity, but we're exploring options to tailor the tools for investors.
Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
Get the bank financed property first, while you have the DTI.
Diandre Pierce
Mobile home park opportunity
12 January 2025 | 7 replies
I just need help on finding a path to get my hands on the capital  I highly recommend going and taking @Frank Rolfe's MHP bootcamp but also talk to local banks
Lucy Ahl
Who governs real estate lenders?
8 February 2025 | 10 replies
As Jay mentioned they must be NMLS licensed if owner occupant of in several states even commercial needs licensing.The NMLS is like the database, each state has a division of banking that oversees lending requirements then you also on the federal level have CFPB as well as consumer protection laws.I want to add that I believe yesterday the CFPB is undergoing changes, but if it goes away that does not mean that many of the laws in place especially consumer protection laws would go away.Â
Victor Correa
Subject to mobile home with bank lien
23 December 2024 | 8 replies
Quote from @Victor Correa: Have a deal, subject to mobile home with bank lien, Not payed off, Seller just bought 2 years ago & I am taking over but reading about the title transfer need consent from lien holder.
Joshua Manier
HELOC for 2 unit investment property in Chicago, IL
15 January 2025 | 8 replies
I’d suggest starting with local credit unions or community banks—they’re often more flexible with investment properties.