John Jacobs
Private Money Lending--Requests Made by my Bank
26 May 2024 | 19 replies
(2) That I have a Third Party Audit conducted of my "company" which as stated is a single member LLC.Does anyone have any experience with the above requests?
Michael Hoover
Yes or NO?... Small Portfolio Buyout from tired Landlord- Rural area of MS.
25 May 2024 | 11 replies
Aka it was a bad experience-Did I sell these at a profit that then allowed me to grow my portfolio faster than projected?
Johnery Laurimore
Investing in WIlkes Barre, PA
26 May 2024 | 5 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Zach Knoll
Social Media Platforms
24 May 2024 | 2 replies
Social media is a game-changer for real estate investors for better or worse, but which platforms do you think are the most effective?
Jalen Wilson
Is it possible to get a mortgage with no W2 history
27 May 2024 | 11 replies
Couple options that might be viable for you (I don't know all of your circumstances)- BRRRR into a DSCR by creating equity; partner closely with a lender before starting on this to cover seasoning and other requirements - also this will only work for an investment property, not a primary- bank statement loan/1099 loan may work if you can put at least 10% down and want a primary residence - will depend on how you're operating and a few other variables- seller financing; find a seller willing to carry a note for a few years- co-borrower; someone with decent income and credit who will be on the loan with you- DSCR purchase; be prepared to put down at least 75% or your rate/pricing will be horrible (70% is better); many lenders will have experience requirements; investment property only- find a private lender willing to fund the loan you need- get a salaried job relevant to your college coursework; your fico is strong and you have some cash, so househacking could be within reach via Fannie/Freddie multifamily purchase; get a solid workup from a competent lender before going this route as employment history will be touchy with this routeHard money can be used for an acquisition and rehab, but make sure your takeout financing plan is bulletproof before getting hard money.I'm originally from Baton Rouge.
Cameron Davis
I’m thinking of using my rental as a sober living house
27 May 2024 | 28 replies
Hi Everyone, I was wondering if anyone has experience with using your rental property as a halfway house for companies such as “oxford house”.
Mark Howard
Manufactured home investing for rentals or resale.
26 May 2024 | 2 replies
The key is getting the education, studying it and eventually learning through experience.
AJ Wong
Super Jumbo Luxury Mortgage Loans, Lenders and Rates
24 May 2024 | 0 replies
On a mortgage note of several million dollars the effect on the monthly installment can be dramatic. - Asset utilization.
Mary Jay
Which provides the best services? Home Depot-Lowes-Sears outlet, etc?
25 May 2024 | 2 replies
HAve you had any good experience with any company?
Krista Goodrich
Daytona Beach Short Term Rental Update
26 May 2024 | 45 replies
We talk about exactly how the numbers work and are looking to put together some deals for the group so that people that can't go "all-in" on a property can partner up with others with more experience and grow together.