5 April 2024 | 27 replies
You could use a home equity line of credit to put a down payment on your rental(s).

4 April 2024 | 0 replies
I got 15% down from a credit union and then I bought all the furniture How did you add value to the deal?
4 April 2024 | 5 replies
Any advice or criticism is respected and taken into account.

4 April 2024 | 1 reply
I kindly ask for 5 minutes of your time to fill out this questionnaire on tenant evictions.Landlords often face risks when leasing properties since the cost of evictions can leave a huge burden on the owner when accounting for legal fees, court costs, financial damages, property damages, and lost rent.

4 April 2024 | 6 replies
Work with a leasing broker that specializes in retail credit tenants.

1 April 2024 | 10 replies
=)better option is to call a couple lenders directly, tell them you're not ready to have your credit pulled yet, but you want to discuss potential options based on estimates of your credit score, income, etc.you'll get better / richer info this way.
3 April 2024 | 16 replies
You'll need a 580+ credit score, 3.5% down payment, closing costs (2-4% of purchase price depending on credit score and state), and a DTI of no more than 57%.

4 April 2024 | 12 replies
@Elton Tate first, you need to understand the difference between loan fees and transaction fees.Areas E, F & G are outside EVERYONE's control and you'd pay all but G if you bought with cash.So, your Closing Costs are really only $5,932Now, $200 for a credit report is crazy unless they are pulling Dunn & Bradstreet on your LLC.Title charges, except for closing fee, are regulated by the State of Michigan Insurance Division.Why aren't you working with someone that knows all this?

4 April 2024 | 4 replies
If the cap rate is breaking even or above interest rates it most likely would make sense, taking into account that in five year period interest rate have a higher possibility of coming down than going up.

4 April 2024 | 8 replies
When you are an employee the company pays for corporate account and each gets their own logins- company pays.