Cory M.
No W-2, Looking for Loan Options
21 December 2024 | 14 replies
That might be the biggest hurdle - but otherwise, I'd check out "DSCR Loans" which are the perfect option for people like you looking to buy rental properties w/o W2 or DTIWe don't own any other properties other than the investment property we just purchased.
Michael Palmer
Reasonable Construction Loan Terms
21 December 2024 | 10 replies
Some lenders charge 5% released upon C/O, others release once that particular line item is approved by local inspection agency.
Felipe Mejia
HISPANIC/LATINO REAL ESTATE INVESTING
15 December 2024 | 18 replies
Suerte y siempre para adelante!
Jeffrey Sommer
General Liability - Philly Wholesale License
17 December 2024 | 5 replies
E&O insurance most likely
William Bohan
Long term landlord approaching retirement looking to maximize income
31 December 2024 | 18 replies
I am 59 y/o and with California taxes we'd get killed on the sale.
Mitchell Catoe
Does anyone have experience with D.S.C.R. Loans
21 December 2024 | 10 replies
It is also good to aks as a back up if they offer an I/O Interest Only option and do they calculate the DSCR based on the PITI or ITI for I/O to also help qualify.
William Causey
Assignment vs. double close
19 December 2024 | 2 replies
This can lead to "renegotiation" demands at the closing:(Other Potential Issues to Consider:Being in the chain of title is also exposure to potential legal issues.Selling an assignment may be a violation of a state's real estate statutes.Wholesaling w/o a real estate broker's license may violate your state's statutes.I'm sure there are more...
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
Everything resolved as good as could be expected w/o court (albeit full renovation was needed.)
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
O had ~30% swing last year, that's "the" div king.
Jessica Cook
First Flip lending concerns
19 December 2024 | 10 replies
w/o strict credit requirements