Joseph Back
Can I get Mortgage on Property I Sold on Land Contract
23 January 2020 | 3 replies
A new or larger underlying loan increases the chance of being unable to fulfill this obligation.As the holder of legal title, you are theoretically able to pledge the asset to obtain financing.
Uju Anyanwu
Prospective renter has class C misdemeanor
26 January 2020 | 12 replies
Verifiable rental history for a period of at least 12 months, in which all the lease terms have been satisfactorily fulfilled, is preferred.
Danny Mak
First Investment! Need Criticism and/or Support!
27 January 2020 | 15 replies
This is to fulfill the "intent to live" for one year condition for the FHA loan.The reason I am posting this is because I want to find someone who can criticize//support me in these ambitions.
Kalen Jordan
Why do most syndications sell instead of long term hold?
19 June 2020 | 71 replies
My preference is to model a 5-7 year hold with a sale in that period, but if I can fulfill the business plan and keep the property, I am going to.
Darryl Smith
Combining HML and Private money in Texas
27 January 2020 | 8 replies
If you don’t/can’t fulfill this obligation for any reason, your lender’s recourse would be to sue you in court and obtain a judgement.
Courtney Duong
leasing to TIN (no SSN), and what is average giving in TI?
28 January 2020 | 6 replies
If they do not fulfill the terms of the lease or the business fails you have a lease with X number of months at a specific rental rate that they are responsible to pay.If you want to participate in helping them convert your property first you must determine home much you are willing to spend.
Pete Storseth
Best way to get started
25 February 2020 | 3 replies
I want to pick one of three ways to get into buy and hold, seller finance, and fulfill my big picture goals.My niche will be BRRRR with the intent of finding tenants open to buying via owner finance at some point, in order to get out if full time landlording multiple properties, but still have cash flow.
Marcus Auerbach
Will student loan debt impact housing?
25 February 2020 | 4 replies
It's incredibly shortsighted to depend on the government to fulfill their side of that bargain.I absolutely believe that student loan debt combined with millennial behavior in general (less desire to settle in one place permanently, more job-hopping, greater focus on experiences rather than material possessions) will impact the housing market.
Rudy Tate
What do you think of Fundrise app
1 April 2020 | 4 replies
@Rudy TateI just got this from fundrise:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.
Renzo D.
Occupancy Requirements for IRRRL
14 August 2020 | 7 replies
If there is a "reason" that you feel you can't fulfill that one year, then you would be able to purchase another property.