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31 July 2018 | 1 reply
Should I transfer this cash into a business bank account?
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2 August 2018 | 8 replies
My brother and dad plan to invest with me so we will collectively come up with the money for the 20% I assume a conventional loan will qualify but I’m concerned the banks will not see me as a viable candidate for a loan since I still owe so much on the house I just bought (my brother also bought a house August of 2017)Are there any other loans other than conventional I should be looking into?
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5 August 2018 | 6 replies
The projections your bank will make and DCR they require, tends to push your loan amount down.
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1 August 2018 | 2 replies
My bank doesn't have them.
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31 July 2018 | 0 replies
The rents in there may currently be too low to warrant development and construction of a nice, new 15k SF building now, so I'm looking for ideas for land banking with cashflow.
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1 August 2018 | 2 replies
I’ve done about 6 refi’s thisbyear and each time the appraised (bank value based of comps) has come back about 15-20% higher than the assessed tax value.
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23 August 2018 | 3 replies
We have about 13 rental props from single fams to a 4-plex here in OKC. We are looking to switch ins cos and wanting to know who other investors use in the area. We are not looking for a "budget" company because if we...
2 August 2018 | 10 replies
Some states (jurisdictions) restrict the amount of security deposit you can obtain.
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2 August 2018 | 13 replies
I'm currently communicating with a local large bank, hoping to get a loan to payoff a current terrible mortgage on my house, rehab, and probably flip.
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6 June 2018 | 13 replies
However, I am finding through my talks with some lenders that, since I am still relatively new out of school and have multiple student loans (although I have great credit), my saving grace in terms of getting a loan to fund my first deal is the salary my day job pays me.I know that real estate isn't a get rich quick scheme and that I will probably have to stick out my day job for a couple more years, but at what point do you see banks, lenders, etc. start to give you loans to fund deals without a steady stream from a corporate job?