Dee Bowers
Best loan for my rental property?
3 February 2018 | 2 replies
I had a construction loan that obviously came due. i tried to get a traditional mortgage and didnt have success so I ended up paying cash and now own the place outright.
Matt Watkins
Auctions for Newbies?
16 October 2018 | 25 replies
@Matt WatkinsI studied the foreclosure auction process for my county and city for eighteen months before I made my first successful auction buy, and my city's one of the easier ones to learn, as this is a judicial process state with a traditional sheriff's sale process.
Guye Ferg
New Member Question: Most productive times for investors morning or evenings??
3 August 2015 | 7 replies
Conversely, if one's focus is rehabbing/flipping is it vital to be available during more traditional "business hours" to visit your projects, and work more quickly with industry professionals (contractors, lenders, etc...)
Eleanor Curry
Investor intested in finding out more about private money lenders
6 February 2019 | 5 replies
@Eleanor Curry If you can imagine a HML on the left and a traditional bank on the right private money lenders can fall anywhere in between.
Thomas Murphy
Out of state investing - newbie RE investor
25 January 2024 | 25 replies
This type of financing, designed for individuals who will live in the property, often comes with lower down payment requirements and more favorable interest rates compared to traditional investment loans.
Ken Williams
Assisted living facility?
19 November 2018 | 5 replies
My focus these days is centered on more traditional investment properties (multifamily, self-storage, mobile home parks, retail, etc).
Blaine Hubert
AFTER PICS - My 1st Project - What do you think of the deal?
11 April 2008 | 42 replies
They could be offering bad advice without even knowing it.If you expect the place to be vacant for more than 30 days most traditional policies will not work.
Seth Nightengale
Am I Being Crazy About Low-Money Down Loans?
10 August 2023 | 8 replies
The potential cash flow from STRs is great, but I would encourage you to run the numbers as a traditional long-term rental in case the short-term option doesn't work out.Are you planning to do another house-hack on the new property, or will it be exclusively a STR?
Jonathan Jordan
Requiring application before showing? 2 part application fee?
5 August 2023 | 11 replies
When COVID hit and we were not allowed to show property traditionally we changed to an application first model.
Carlos Flores
High FICO, low balances, pay on time? You're likely to Default
11 June 2012 | 12 replies
About a year ago I had a few clients that were in balloon payments and that was the only way the bank would consider a loan modification with a traditional 30 yr fixed loan.After going 90 days late they got the loan modified cut the payment by a third and they lost about 150 points but they didn't lose their home.So I guess it all depends on the circumstance.But I cant see throwing away my credit history