
30 April 2024 | 43 replies
You make a valid point about the active involvement required in being a landlord, even in high-quality neighborhoods.

29 April 2024 | 29 replies
Perhaps different states have different requirements for the eviction process.

29 April 2024 | 12 replies
Hey @Steven Barr, I suspect the various clerks were just being cranky and/or having a laugh at your expense.Every county in Georgia has a physical "newspaper of record" where foreclosure notices (AKA "Notices of Sale Under Power") are required to be listed.Fortunately, there's also a FREE website (https://www.georgiapublicnotice.com/) that aggregates data across multiple Georgia counties into a single, searchable database, bless their hearts!

29 April 2024 | 12 replies
For DSCR, the minimum credit we require is 620.

29 April 2024 | 9 replies
It seems legit but I don't want to waste money if it isn't worth the cost.Also, I live in Kentucky, which I learned is a state that requires an attorney to sign off on all sales.

29 April 2024 | 32 replies
I wasn't able to find another lender who would require less than 30% cash and lots of points, so I didn't qualify with any other lender either and had to release the contract.

29 April 2024 | 5 replies
While this does technically satisfy the requirements on paper, it would never hold up under audit and would be considered evasion/fraud WHEN discovered (not if).

29 April 2024 | 4 replies
To my knowledge, most flippers use hard money loans as they are often buying distressed properties that will not meet the requirements of a conventional lender.

29 April 2024 | 10 replies
Most DSCR lenders will require a minimum loan amount of $75k.

29 April 2024 | 0 replies
First off, a qualified intermediary (QI) is required in a 1031 exchange.