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16 May 2024 | 4 replies
While the process may seem transactional, it's important to note that lenders are motivated to close loans efficiently, as they are compensated based on successful outcomes.To gain insights into lenders' performance, consider checking reviews or seeking recommendations from credible sources like the BiggerPockets preferred lender page.Accountability in lending is indeed a two-way street.
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15 May 2024 | 12 replies
It's nothing against you, but right before every single real estate market downturn, I've found that investors start to say two things: 1) real estate will never go down and the market is strong, & 2) I'll lend at 100% or even more or as a borrower, I need 100% financing.
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14 May 2024 | 12 replies
By end of year I am estimated to have saved 45K.I am looking for alternatives to purchase more doors specifically the BRRRR method.
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14 May 2024 | 31 replies
I have 9 doors now across the Midwest all using different Turnkey companies.
16 May 2024 | 10 replies
When there is no realtor involved, it could be fine, but it could be disguising the fact that there would be fraud going on or that the purchase price doesn't equal market value (i.e. two related people selling a property one to another at an inflated value, etc.)
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15 May 2024 | 11 replies
Sell the property to an LLC with two partners (one of them being my own)Buy the property with an NV or NM LLC (partners are not public information).
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16 May 2024 | 7 replies
An LLC is useful for two things: anonymity and legal protection.
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16 May 2024 | 7 replies
A good bottle of wine or two is always a great way to break in a new home.
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15 May 2024 | 6 replies
After years of using a property management company, I'm looking to self manage two 4 bedroom/2 bath student housing condos I own in a college town.
14 May 2024 | 3 replies
They can quote the by-laws by song and verse... be it the decoration you tenant hung on the door, or the tenant's inoperative car, or noise violations, etc, etc.I would definitely check into the rules of the HOA.