Michael Didion
Real estate note investing
2 December 2018 | 10 replies
its as simple concept as this " BE THE BANK" then of course there are variations of real estate debt.1.
Timz Valenzuela
Purchased the property using HELOC, then BRRR, then Refi and LLC
11 November 2018 | 5 replies
From what I have read, banks would not loan to new LLC's without proof of income.Furthermore, I have inquired for a lawyer's assistance with LLC formation and he quoted me $2000 to $2,500 for professional fees.
Jarrod Gregory
I finally have money, Not sure what the next move should be
12 November 2018 | 7 replies
It's risky for them and their reputation to put you first in line and have you fail to close a deal.
Jerry Brisman
Finding Financing Based On Property Cash Flow
14 November 2018 | 7 replies
Does anyone know a bank or lending institution that would lend based on a properties income as opposed to personal income?
Buyan Thyagarajan
Need help on deciding a tenant
12 November 2018 | 2 replies
If he doesn't have regular paystubs, you can still request proof of income such as bank statements or tax returns.
Jonathan Depa
Financing More Properties
28 November 2018 | 13 replies
You just have to find a bank or lender that participates.
Alexander Flores
Rental Property #1 - Pensacola
3 December 2018 | 4 replies
I found it myself on Redfin and gave a low ball offer, the bank countered a little higher and we accepted.
Itteahad Zihan
Online auction question
18 November 2018 | 4 replies
Just a letter from your bank saying you have XX amount of funds available works.
Shlomi Mor
4 plex Multifamily analyzing deal
13 November 2018 | 18 replies
If it is what the seller is paying, it’s an indication of what you might be able to get, but I would not assume it’s what you’ll end up paying.A few things to check when doing due diligence on the insurance.....Cutting back the insurance coverage prior to the sale is a strategy to give assets a higher return.The seller may be able to insure the building for what they paid for it 10 years ago, say $100,000, and now you need to insure $200,000 to satisfy the bank loan.
Kizzy Robb
Impact to your Credit
14 November 2018 | 14 replies
you can search by score and see what banks, merchants approve in that range, and what bureau they pull from typically.