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1 May 2018 | 7 replies
Most private lenders limit to four rentals per building for commerical, but usually can make an exception if a borrower has a proven track record of rental properties.
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1 May 2018 | 2 replies
I'm a little nervous as a new investor however, I know that finding a good real estate agent, knowledgeable in investing and great with newbies, would be of great assistance.
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7 May 2018 | 6 replies
Below is from Fannie Mae:“If the borrower is personally obligated on the mortgage debt (as evidenced by inclusion of the related mortgage(s) on the credit report) and gross rents and related expenses are reported through a partnership or S corporation, the business tax returns may be used to offset the property’s PITIA”.If anyone has any knowledge of this or experience in doing this please share!
2 May 2018 | 7 replies
Could you borrow from a friend and offer a portion of first year rental income?
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3 May 2018 | 4 replies
After speaking to several assistants and waiting on the line I finally got the owner on the phone.
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2 June 2018 | 6 replies
Hello Investing Hustlers,I have a big dilemma that I need your assistance to figure out.
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30 April 2018 | 3 replies
@Dan Oconnell Strictly from the numbers, if you borrow at 5% and invest in something that makes you 9%, you are ahead by 4%.
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30 April 2018 | 6 replies
Issue the pay or quit on the 2nd and this will assist your tenant in having their full welfare payment reinstated.
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30 April 2018 | 0 replies
Thank you for any assistance!
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31 May 2018 | 23 replies
The borrower had 650+ credit and the loan to value was 75% (closed with no income verification by the way).