Justin K.
Eviction Nightmare with aggressive tenants.
29 October 2018 | 98 replies
They make fake money orders that get hung up during the routing float between your bank and the money order's source.
Kevin Rowell
Leverage land holdings to purchase rentals?
26 October 2018 | 0 replies
Most likely would have to work with the local banks to get the loans, but that is ok.
Jordan Bowen
Seeing if I Understand BRRRR
26 October 2018 | 1 reply
Refi 75% of ARV for next dealMy first shot analyzing a deal in my county:$65k out of my pocket (43 for the house, 22 for rehab)Estimated $90k ARV= $67,500 cash return (assuming I pull out 75% equity)I receive about $850/mo from rent based on compsHELOC= $393/mo payment to bank (4.2% interest)$85/mo to property manager Meaning I gross approx $372/mo Zip code is 31904.
Adam Hollandsworth
Can I start with 20k yearly?
30 October 2018 | 4 replies
@Adam Hollandsworth The great thing about real estate is that there are no rules on how or when to get started, all it takes is motivation and coordination with your team (bank, realtor, etc) to close on a deal.
Ty McAllister
Advice/Suggestions On Starting Buy & Hold
26 October 2018 | 2 replies
Save up money and buy an owner occupied multifamily using an FHA loan. continue to find a bank that will work with you. they can use the income of the rental properties for part of the approval.
Ben Narro
How to fund a tiny home?
31 October 2018 | 2 replies
Every bank I have talked to is terrified about loaning on a tiny home and even more terrified about loaning on a lot inside a resort.
Jana Cain
Financing a portfolio of properties
30 October 2018 | 5 replies
The preliminary information I have about the potential seller is that they're seeking to reinvest in a different locale, so looking to dump all properties in location A to reinvest in location B.Some questions I have:Big bank vs small[er] bank vs private lender - who, if any, would be most inclined to view this as a basket for a single mortgage?
Aaron Harren
Home Equity line and purchasing small multi family.
27 October 2018 | 3 replies
A national bank gave me a 15-year fixed rate at 3.625%.
Jonn Vidal
, doesn't file taxes, wants loan based on monthl
27 October 2018 | 2 replies
Lots of churches don’t file taxes but banks will look at the number of members and estimate out per member what the church receives.
Preston Duron
SIC number and description
14 October 2019 | 1 reply
Some industries are looked at as high risk and banks won't touch." and since I want to establish business credit and financing for my next flip, this could be an issue.