Mark Alford
Is there a bank that will lend a HELOC on a Multi Family Property
17 November 2024 | 12 replies
If you want me to give you a quote, I'd need to know the address, 1st lien details (type of loan, balance, interest rate), credit score, income/DTI details, and target LTV (can go up to 80% CLTV on the 4plex).
Philip Jones
Refi LENDERS in BRRRR
18 November 2024 | 16 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
Ashley Mierez
Why don't agents and investors like wholesalers??
26 November 2024 | 25 replies
(TL;DR version: wholesaler from NYC got a property in Mississippi under contract, then ended up helping a scammer with a fake title company steal $10k earnest money from a buyer (according to what was written in the thread of course, I have no firsthand knowledge of what occurred).
Brian Joseph OConnor
Seeking DSCR lender to scale my specific long term rental strategy
19 November 2024 | 6 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
Deal H.
Turnkey or BRRRR?
27 November 2024 | 48 replies
Also---you need to make sure whoever did the rehab did it correctly (no point in paying a premium price is the work isn't done correctly)...lastly if you pay for a turnkey property...how do you know the tenant is paying a market rent and is a good tenant (credit score wise, payment history wise) etc?
Steve Hiltabiddle
Notice of Default - Process and options
19 November 2024 | 10 replies
I've had the opportunity to see what the Attorney's version of the NoD looks like so if there was a situation where the borrower just needed their feet held to the fire and I didn't anticipate a need to go down the Foreclosure path, I feel comfortable sending an NoD letter myself, certified mail with noted stipulations to cure and outcome if not cured.
George Fleming
How to handle shared Washer/Dryer yet utilities assigned to different units
18 November 2024 | 8 replies
This is just a heavier version of the first idea.
Brian Kempler
DSCR refinance loan against a property leased on a lease option
17 November 2024 | 8 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
Homero Matzenbacher
New member looking to learn lots and network!
18 November 2024 | 4 replies
Start working on your credit score and research financing options, including FHA or conventional loans.
Scott Blevins
Section 8 investing
21 November 2024 | 18 replies
No eviction protection so since you gave to settle on someone with and low 600s credit score if you have to go to court they get to charge for their time on that.