Michael Challenger
First Time Home Flipper Looking to Connect w Lenders
10 January 2025 | 12 replies
The issue I had was that most lenders required a certain number of completed flips done under a LLC.
Kwanza Price
Turn concrete stairs into a driveway and ADU ramp
13 January 2025 | 1 reply
It’s likely the GC will subcontract the concrete work to a specialist while they focus on managing the permitting process and ensuring everything is done to code—especially if there are ADA requirements involved for the ramp.Let me know if you need help navigating the process or any tips for working with contractors.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
23 January 2025 | 31 replies
So you feel like you get plenty of money from your not paid off rentals that allow you to quit your full Having enough cash flow to quit your job isn't a requirement to qualify for cash flow.If you have to have a paid off property to get positive cf, does that mean I have to give back all my positive cf while I had mortgages on a property?
Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
OccupancyMost lenders require a minimum occupancy rate of 85%.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
The city has changed Section 8 requirements multiple times lately.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
Most lenders who order appraisals are required to order them through a 3rd party AMC, which can add additional costs to the appraisal but ensures that there is no lender (Or borrower) bias in regards to the values.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
Ultimately, I wound up doing a 92-unit deal my first time around and realized that part of the reason I was struggling to win deals was simply because I lacked the credibility to be do so.
Kyle McVay
Looking for Property Management Rec.'s
20 January 2025 | 5 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
Nina Erlandson
Has anyone used Obie Insurance?
11 January 2025 | 54 replies
I have a few dozen rental homes, and I've found that the only master umbrella liability policies my agent can find now require $1 million underlying liability coverage on the landlord policies.