
19 April 2024 | 5 replies
Something that we've done in the past as well is offer credits for anyone who left a review as well!

19 April 2024 | 16 replies
We have a line of credit that funds the rehab costs. 1, Form an LLC if you have not already. 2,Track all of your expenses accurately. 3,Talk to a CPA about what you need to track and how (Ex: new appliances for a home are taxed differently than flooring or paint, insurance, Mileage, disposables, tools, etc.)

18 April 2024 | 10 replies
Our minimum credit score is 600, and 75-80% don't pass that standard.

19 April 2024 | 5 replies
Hi Jose,DSCR 1-4 Unit M/F 85% LTV | 15% Down, Loan Amt<$1.5M, (Note 80% LTV | 20% Down is typical for most lenders)------------------------DSCR 5-8 Unit M/F 75% LTV | 25% Down, Loan Amt <$1.5M (Standard disclaimer, all the above are subject to credit and guidelines.)

19 April 2024 | 3 replies
However, with strategic planning and assistance from experienced real estate accounting professionals, it may still be achievable for part-time investors.Primary Occupation: REPS is primarily tailored for individuals whose primary occupation revolves around real estate management and investment.

19 April 2024 | 12 replies
Yes, you have to hang your license with an institution because it pragmatically isn't economical to run your own independent shop these days.You're still often brokering or correspondent lending, though, if you work for a mortgage bank or mortgage company (eg, not a "bank" bank, where you can have a checking account).

18 April 2024 | 16 replies
@Joseph Turner The funds seasoning period (ie the amount of time the HELOC funds are in your liquid accessible bank account) is different than the ownership seasoning of the property.

19 April 2024 | 2 replies
Consulting a lawyer and accountant when tax season slows down but has anyone done this?

18 April 2024 | 3 replies
This company calls it “capital stacking” but I have since found out that they’re calling it the wrong thing…credit or card stacking is what it is.

19 April 2024 | 9 replies
Can you make a lump sum payment to the bank for the escrow shortage and then have the payment adjusted to account for the higher taxes, but not covering the additional escrow?