
17 November 2024 | 5 replies
They have nothing to stand on at all.

15 November 2024 | 2 replies
Some lenders specialize in asset-based lending, considering rental income on Schedule E, especially if you have strong rental history.

16 November 2024 | 7 replies
It is on a 13 acre parcel that I own free and clear.

16 November 2024 | 9 replies
Why are you asking them for permission to perform repairs on your property?
2 December 2024 | 6 replies
This would be in class b, class c will have higher maintenance/cap ex on average. you have $0 for vacancy.

30 November 2024 | 2 replies
I hope you made it convenient for yourself.Your loan documents should (or better) contain a due-on-sale clause.

16 November 2024 | 6 replies
You're going to have your signature as a guarantor on the note, so even with an LLC if you default you can be sued for recovery of any shortfall.

29 November 2024 | 7 replies
How about going upstairs, knocking on their door and having a neighborly conversation to start?

29 November 2024 | 9 replies
Quote from @Jeff Chisum: If a DSCR originator (keep in mind you don’t need a mortgage license to originate) tells you the loan will not be reported on your personal credit but require you to be a personal guarantor your next request should be; “I want to see in writing it will not be reported on my personal credit”.

1 December 2024 | 2 replies
Might be different according to each state but I've heard wholesalers putting cloud on title when sellers try to switch around.