Jerry Skefos
Website Idea: Investors can review their Lenders
16 May 2024 | 4 replies
I've personally worked with a handful of "investor-friendly" lenders, primarily on DSCR loans in recent years, and each time I've run into significant delays, lack of transparency about the process, have been fed the requirements in a piecemeal fashion (every few days there's a new random request rather than having it all organized from the start), and have even run into lenders who were substantially misinformed about the real estate industry or the laws that govern it on both a local and federal level.I think there should be a better site to encourage accountability by tracking how long it actually takes each lender to close their loans on average, and what unexpected hurdles investors encounter when trying to work with them.I can't seem to find such a site.
Sariya Saabye
How do I buy this vacant property no one is claiming??
16 May 2024 | 13 replies
It was a long road, but I was finally able to buy and flip the property. 5 week rehab.
Andrew Frank
Raleigh-Durham home+rent appreciation continued growth or stagnating?
15 May 2024 | 12 replies
I also heard from a home consultant on a new project out there that they're planning to build about 5,000 new homes, though he didn't know how long that's going to take.
Mark Chambers
Buy out inherited property
16 May 2024 | 12 replies
Short term rentals are not allowed in the little town, and we don’t want a long term tenant because we want to be able to use the property as well.
Margarita Bozhenkova
New Participant - Grass Valley/Yuba City
15 May 2024 | 34 replies
For a long-term investor, this is a great area to invest.
Sean Haran
Can I put a HELOC on an investment property? Plus general advice on this deal…
15 May 2024 | 9 replies
You can also take out a HELOC on an investment property as long as it is a 1-4 Unit and the total CLTV is not over 70%.
Craig Peck
Time to move to the next level?
17 May 2024 | 13 replies
How long did it take to build out your team in St.
John Michael Roberson
Passive Income Tax Status for New Construction?
15 May 2024 | 3 replies
As long as you are not a "material participant" in the activity, then it will be considered Passive.
Jeyo Punnakottil
Will you convert office room to a bed room in your Rental
15 May 2024 | 6 replies
Current rent for a 3/2 is 2200$ .Is it wise to convert the officeroom into a bedroom by adding a closet and then market it as a 4 bed 2 bath for 2450$.What will you do if you were in my shoes.As long as the office has enough space to make sense and the criteria to qualify as a bedroom I'd do it, especially if it is in an area / neighborhood without many 4 BRs.
AJ P.
House Hacking with Current Interest Rates
16 May 2024 | 8 replies
You can stay there as long as you want, especially if it is somewhere you like to live and it's increasing your net-worth.