
8 May 2012 | 11 replies
I would cut your ties and move on.

21 May 2012 | 16 replies
But, its going to tie up my time and due to my inexperience it will likely take twice as long and cost twice as much.

11 June 2012 | 20 replies
I was in your shoes 3 years ago.

16 February 2014 | 22 replies
I'm all for notes and loans, and have a significant amount of money tied up in that type of investment.
9 July 2012 | 9 replies
I'm a gambler and don't mind tying up some cash if I'm confident and educated on my investment.

13 March 2014 | 45 replies
If you were in their shoes what would you do?

8 February 2015 | 96 replies
They are all loosely tied to industry practices with some tweaking to make for a better viewer experience & improve the ratings.

11 March 2015 | 4 replies
Make sure no bills are past due as they are usually tied to the MH and not the person, thus you would have to pay them off before getting the utilities into your name.

29 March 2015 | 5 replies
This echoes the point that Nathaniel made above that the second property is going to be a bit tougher or at least take more down payment.For most 30-year fixed conventional loans tied to investment properties you will need the followingDownpayment 4 loans and underSingle Family = 20%Multi Family (2-4 units) = 25%5 loans to 10 loans Note: you will not be able to perform cash out refinances of these loans which could be a big hit depending on your strategy.Single Family = 25%Multi Family (2-4 units) = 30%Reserves (Bank likes to see some funds in case of a rainy day)4 loans and under = 6 months PITI reserves for the property you are purchasing and 2 months PITI for the other rental properties you own5 loans to 10 loans = 6 months PITI for all propertiesCredit Score Requirement (sure this moves around with time and different lenders)4 loans and under = 620 credit score5 loans to 10 loans = 720 credit scoreLower the score is to the threshold the higher the interest rate.I am not a lender and everything written above is what I experienced over the past couple years with 3 investments and 1 primary residence properties tied to 30-year fixed interest loans (1 FHA and 3 Conventional).Best of Luck,Scott Dixon

26 January 2017 | 7 replies
I am pushing to get a split fence installed on the property - the yard is currently shared between both tenants who both have dogs, and I would like two separate fenced areas for them to let the dogs out without tying them.