Steve Holly
Looking for advise for lending options. DSCR? HELOC? First born?
20 June 2023 | 8 replies
Awesome location, walking distance to the ski resort/casinos.
Neil G.
Require X-Qualification to Avoid Agent/Brokers with Fake Buyers
6 June 2016 | 3 replies
As far as a referral fee is concerned - You might maybe offer some nice Starbucks gift cards to any lender that sends you a pre-qualified buyer as a thank you - I would not make any official statements about paying them every time they send someone to you - but a nice thank you and gift card can go a long way - just be sure to look at the RESPA rulings to be sure that you are not in violation of compliance.
John Alosio
Tenant pre-screening Questionnaire
7 October 2022 | 7 replies
I'm looking at this as a Pre-Qual step, knock them out of the race before the official application process.
Tanija Hudson
Need advice on moving forward with bad/no credit
31 January 2023 | 11 replies
They gave me a pre approval found a deal when it was time to began closing on the deal it failed because my credit history isn’t long enough.
Mike Schorah
What do you say on a follow-up?
21 June 2023 | 2 replies
If you come across a pre-foreclosure that requires probate, same thing, need to get probate open to postpone the foreclosures, you providing a probate referral as someone who is helping, but then ready to make an offer can work out.
Henley H.
Contract for pre-foreclosure?
27 December 2018 | 1 reply
I'm interested in purchasing a pre-foreclosure property directly from a seller before it goes to auction.
Allen Motakef
North Carolina - Multifamily 6.5+ Cap
21 March 2018 | 27 replies
From my discussions investors are finding it more lucrative to work on a land deal and build in the equity they need from a development rather than sourcing a pre-existing property with marginal cap rates, either overpriced or stagnated rent.
Bobbie Dancy
can you BRRRR with $20,000 in Cleveland, Ohio
19 July 2019 | 6 replies
But, I know some riskier investors that finance rehab cost on 0% APR introduction credit cards.
Richard Lovering
STR mortgage options?
25 January 2020 | 9 replies
I know that this particular complex (in a ski resort in VT) allows STR.
Forrest Jacobs
New Investor Looking to House Hack
20 May 2022 | 12 replies
@Forrest Jacobs 1) get/ keep your financial position intact 2) use at least 3 forms of rev credit and pay them off or on time ( as many lenders / loan programs will require solid credit history and a min of 3 trade accounts with over 12 month history 3) get soem sort of income / employment in place and try to maintain it 4) find a lender willing to help explain what a pre approval process looks like and maybe even take you through this process so that you can learn and undertand it ...best of luck