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Results (10,000+)
Seth Kristian Strategy Forum / Open Inquiry
12 June 2024 | 4 replies
What does it look like with a 45k salary for single mom with zero investment experience that just received an inheritance of "x", or the 80k salary for a single income household with 3 kids, a < 2k/mo mortgage?
Geremy Rosenberg First time REI and feeling my way to taking action
11 June 2024 | 6 replies
Here are some tips for networking and making the most of your account. 1) I'd fill out your profile fully before you do anything else!
James Furlo Is there such a thing as group loans?
11 June 2024 | 14 replies
@Jacob Sherman I’m typically raising $100K - $400K for the purchase and repairs of a SFH or smaller MFP flip (short-term).A syndication seems like overkill, and some investors don’t want to deal with a K-1 because it’s not worth the extra accounting expenses for a short-term deal.
Zac Kucharek Career change into Financial Planning / CFP
11 June 2024 | 5 replies
Lots of different routes you can go in the cfp career but it’s a phenomenal one for flexibility, income, and helping people. 
Carter Ford New Member of Community, Looking to Network with NE-based out of state investors
11 June 2024 | 1 reply
I'm Carter, a senior in college who will be graduating this December and subsequently working full time in Public Accounting.
Nicholas Lilly Mitigate Risks & Maximize Profits with Expert Due Diligence
11 June 2024 | 0 replies
For instance, while applying Texas-based legislation, the state's strong preference for ADR processes like mediation and arbitration is an important factor to take into account.
Noah P Bonds Has anyone successfully sued their loan servicer?
11 June 2024 | 18 replies
I sent them a payment to my escrow account for the surplus they had accidentally sent me earlier in the year.
Clayton Jeanette HELOC on Owner Occupied Triplex
11 June 2024 | 16 replies
as Update to this post from 6 years ago, there are heloc's on owner occupied 2-4 unit properties up to 89.90% CLTV or combined loan to values (meaning multiple loans but all together not exceeding 90% of the value).Terms typically areinterest only first 10 years and drawable from the lineyears 11-30 its Principal and interest payment Prime index/rate + margin (this portion is fixed but prime is not)underwriting is done assume prime + margin + 2% stress test for underwriting meaning if your prime + margin was 10% then your underwriting rate used to determine your maximum line you can qualify for would be 12% rate as an example based on principal and interest payment over 30 years or 360 monthsIncome is the main determinant of your qualification and fico min 680+ is just the min score to get through the "front door,"Maximum DTI or debt to income allowed is 45% DTIMaximum lines on this product go from 500-750k so you can get a decent line size that can actually buy other BRRR's or fix flips and deals.
Nathan A Waggoner needing suggestion for big real estate investment
11 June 2024 | 1 reply
I never applied for a Unit that big and was wondering if I should try to get a loan (even though I don't get much income right now). and if how what is the process, is there a way to get the loan without putting money down, etc. the only reason I am asking this is I have no experience in this and it practically me jumping from one house to a 14-unit and am trying to figure out if this is a right move. 
J Gerard [Calc Review] Help me analyze this deal
11 June 2024 | 2 replies
The rental income of $4,400 looks very high for the overall value ($250k) of the property.