The past twelve months I have been intimately involved with expanding offerings and niche programs with my current lending partner (based in NY but still with ties to South Florida.) 

Credit report isn't a doc . renovation loan docs not required past 3 months a majority of the time which is your standard turnaround for a major renovation .

This could include charging a larger deposit or last month's rent or the first three months up front or whatever.

We have two BP meetups here in Asheville every month, if you're interested.

I have clients that I will help them get 10 to 25 deals a month.. with 10 being more realistic but I have one client in the mid west that can pop out 25 occasionally not often but it has happened. 

Hello,I recently closed on a BFD deal and looking for direction on correctly setting up journal entries, to make it easy at tax time.In a nutshell...We hold a mortgage on the property with a principal of $150k, 4.25%, 30yr amort (liability)The BFD sale price was $300k, with a $45 downpayment, $255k financed at 5.5%, 25yr amort, 3yr balloon (asset).All transactions are run through an escrow agent, and we just collect the net difference monthly (~$325 or so).   

I offered them $250 cash to be out by March 15th if they paid what was owed for this month and last month.

If a lender saves you $200/month on the payment but you spend an extra $8k in fees, you didn't get the terms you think.

In approx 18 months I intend to invest in multifamily as an active investor.

Hello, we are trying to buy our 2nd STR property in Kissimmee/Orlando area. we currently have 1 bed/1 bath condo in Kissimmee and it is doing well so far. ( been 2 month) I am wondering anyone has 2 bed 1 bath property?