
1 July 2016 | 119 replies
We are currently working different angles to obtain the rehab money.

7 June 2015 | 4 replies
First, How do I keep my DTI ratio down while still obtaining properties?

24 July 2015 | 13 replies
The rules for homes sold 90 - 180 days post previous sale are not much better. 4155.2 4.7.f Second Appraisal Required on Properties Sold Between 91 and 180 Days After Acquisition A lender must obtain a second appraisal by another appraiser if 1 the resale date of a property is between 91 and 180 days following the acquisition of the property by the seller, and 2 the resale price is 100% or more over the price paid by the seller when the property was acquired.

7 August 2015 | 27 replies
The conflict arises when you forget which "hat" you are wearing at a given moment of time.I started in 1978 and obtained my sales agents license but did not hang it with a broker.

5 August 2015 | 7 replies
Foreign investor who had been paying cash have slowed down quite a bit.. with many buying in your area frankly and other very tough rental markets and being sold crap properties for high prices and getting totally burned.. so they are much more cautious these days. 3. now that investor loans are back on the table investors are returning to pre 08 habits of obtaining debt when they can get it so they can leverage up...

10 September 2015 | 8 replies
I don't have a clear picture after the first two years about when a property is considered for income vs. expenses- it might depend on whether it is underwritten by Freddie or Fannie- but the new property may have to be "seasoned" for another 2 years before it helps your DTI or it may count to qualify for the loan you are trying to obtain.

1 October 2015 | 7 replies
I live in Memphis, and I know that in Nashville this year they passed a law requiring Airbnb hosts to obtain an annual license and also they are now required to pay hotel-type occupancy taxes.

8 November 2022 | 0 replies
Our tenants appealed the decision in JP court then paid 1 months rent into the registry. They will need to pay another month into registry before the court date. What happens if they don't pay? I've been told that eve...

13 March 2017 | 3 replies
Thanks Larry,What are your thoughts on obtaining the HELOC and then transferring everything into the business name?

5 April 2017 | 13 replies
If you pay cash for the property and then conduct the rehab and place a tenant in the space you will have less money In it then if you obtained a mortgage on the front end.