
29 March 2024 | 3 replies
When they win that lawsuit because the real estate is in the same LLC as that business they can foreclose on your real estate to force payment.

26 March 2024 | 3 replies
I.e Balloon payments, interest ratesThanks,Court

29 March 2024 | 7 replies
:) Assuming you are asking about a DSCR loan with that low loan to value you should be in the low 7's without significant buy down with NO pre-payment penalty.

27 March 2024 | 2 replies
Honestly in this market breaking even is not a horrible thing, especially if you're looking to hold the property long term and it's a market that has seen reliable equity growth

28 March 2024 | 13 replies
Currently we have executed on this with commercial loans with local banks, but that is not the route we want to continue due to higher down payments ($100,000+) and higher interest rates at WSJ Prime +1 (sometimes +.5).

28 March 2024 | 3 replies
Just got denied lending from a supposed HM lender due to the source of the down payment coming from a personal loan.

26 March 2024 | 5 replies
It is making me sign up for their banking account in order to send my tenant the ability to make payments through their site.But what I think I am realizing is that I can have my tenant make payment through Zelle which is connected to my Chase Business Account.

29 March 2024 | 7 replies
The Covid eviction moratorium was the most harsh in the nation as it did not allow evictions even for non payment and/or lease violations.

29 March 2024 | 6 replies
I got my first rental with negative cashflow last year.Property price 241k, loan balance 232k Tenant pays rent 1,800$monthly payment 2,050$Spent 5,000$ on improvements.Property appreciated from 241k to 255$ this year.I am not sure whether I should sell it this year or keep for appreciation purposes?

28 March 2024 | 10 replies
I do however have to show that I have attempted to receive payment.