John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
If you can save up 20% down in a low-cost market like Cleveland, you could use a DSCR loan to secure financing while you still don't have any stable income.
Brittany Myrick
The Newest New England Investor
14 January 2025 | 11 replies
This will still qualify for a residential mortgage and you have a better shot of completely offsetting your entire payment.
Alex Fenske
I bought a neighborhood strip center and brought no money to the closing
20 January 2025 | 3 replies
I took no money from the cash flow (when there was any) and I never made a late payment to the bank.This fall, nearly 12 years after the bank gave me that house, and over 15 years after I knocked on that door - after evictions, vacancies, insurance claims, and never taking a dime out of it - I sold that house and placed all of the proceeds in a 1031 exchange.
Jeremy Jareckyj
Mid Term Rental Agreement
29 December 2024 | 15 replies
-Decreased security deposit to 1x for MTR.
Rick M.
What to do if tenant falls a month behind
25 December 2024 | 12 replies
Poor rental payment history is a common cause for non renewal.
Cristal Ochoa
PennyMac Loan Transfer to LLC
7 January 2025 | 5 replies
Just dont miss payments and you will be fine!
Nik Verret
Seeking Advice for Initial Bookings
7 January 2025 | 7 replies
Booking.com tends to be more hands on since you have to setup up a payment processor and take payments from guests.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
Also go through a servicing company for payments to the seller, escrow can probably help you out with a recommendation for that.
Desiree Board
Advice for a new long term rental investor
3 February 2025 | 27 replies
If my spouse wasn’t opposed to moving I would try to buy a new house hack every 12-15 months and use low down payment owner occupied loans for as long as it made sense.
Paloma Wodehouse
Strong Tenant Laws & How to Protect Yourself
14 January 2025 | 8 replies
I’ve just heard horror stories from landlords and I’m looking for suggestions on how to best vet tenants - Good credit, no missed rental payments in last 5 years, etc.