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13 April 2020 | 12 replies
@Mike Neubauer you will lose your earnest money deposit, but you could also be sued for specific performance.
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5 April 2020 | 19 replies
Not all paid education is equal...or worth it.If you had to have surgery, and the Doctor performing that surgery learnt how from discussion groups and blogs, then perfected it through trial and error, how confident would you be in the results?
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30 March 2020 | 3 replies
Garage conversions that simply stick a window unit in, rarely perform as well in my market. 3.
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3 April 2020 | 6 replies
They'll take you more seriously and trust you more when you can show them you have a portfolio that's performing well.
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2 April 2020 | 7 replies
After buying a Performing 1st from an online site, what is the next step?
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30 March 2020 | 5 replies
If you end up with a $3700 rent payment, that doesn't actually improve your situation much.Refi your current home and drop another $100k on the balance to lower your payments and DTI.If you get a commercial loan, the lender will be more interested in the property performance (specifically, DSCR) than your personal DTI.Depending on the deal, offer a larger down payment, then look to open a LOC to access that additional equity, if needed.A partner could definitely make things easier in a case like this.
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30 March 2020 | 5 replies
If it is, they are not performing nor executing their part of the transaction as they need to be able to close the front end.
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2 April 2020 | 7 replies
I would imagine that all the investors who are over-leveraged or have subpar performing properties will seek to exit as fast as they can, especially if they are short term rentals.
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1 April 2020 | 5 replies
I have yet to find a lender who would lend on an owner occupied owner financed note.I do something very similar with my performing loans in my own portfolio where some call it a collateral assignment or selling a partial.
30 March 2020 | 2 replies
The contractor that we've been working for month has had AC coil replaced to a new one as well as organic chemicals sprayed into the system, the procedure was performed three times and helped for a short period of time.The issue that is being described here is also known as "dirty sock syndrome". 99% of the time it's getting solved with coil replacement.