Nathan Platter
Is my Biz partner deceiving the Lender about secret funds?
7 May 2018 | 7 replies
Here's where it gets odd.Jack wants me to be the sole borrower on the property, on our joint project.Jack wants me to not tell the bank about my source of rehab funds because it'll "complicate things with the bank"The bank has capped my borrowing limit at $250,000, which is above the necessary $295,000 to do the deal.As a workaround, Jack will be the sole provider of rehab funds (personal funds, cash)Jack wants me to give him one of my personal checks so he can write future offers.Is this a strategic way to expedite the rehab-lending process?
Jeff L.
Where and how to look for larger commercial apartment buildings?
30 April 2018 | 5 replies
we are thinking to acquire a 30 or 50 units apartments in the near future, but every where is expensive and does not make sense, is Sacramento or Stockton having those with good cash flow?
Bill F.
Impact of Aging Millennials and New Construction on MF Values
15 May 2018 | 26 replies
They saw what their parents went through, they don't like being tied down, and they will rent for the foreseeable future.
Brian Stratton
Liability - Owner or Management Company
27 April 2018 | 2 replies
I will likely be adding umbrella coverage sometime in the near future assuming I can find something at a reasonable rate that will cover all of my activities.
Sharon Gutowski
Newbie from St. Louis, MO
4 May 2018 | 13 replies
I'm Sharon Gutowski, a possible future real estate investor from St.
Roxanne Lembke
Financing a Property using Family Funds for Downpayment
28 April 2018 | 2 replies
This can have longer term DTI implications that impact future mortgages, potentially. - Have the funds lent to you, secured by your primary residence as a private mortgage, and it's no longer a gift.
Lesley Ray
Help Analyzing Cleveland Properties
23 June 2018 | 22 replies
See link above, it may help to figure out future taxes.You have to be careful how far out you go with comps in Cleveland, make sure your comps are coming from a small radius, I would go out a half mile - a mile max.
Debbie Pelloski
Newbies from Farmington Hills Michigan
28 April 2018 | 6 replies
My brother in DC is wanting to partner with us in a cheaper market in the future, but already owns a few DC rentals.
Bryan Tasumi
Becoming a real estate agent to buy 1st house hack stupid idea?
30 April 2018 | 8 replies
Either way you’ll probably meet great people in the industry and make friends with amazing agents who will help you in the future.
Joe Johnson
Rent or Sell within 2/5's rule
24 May 2018 | 26 replies
(Especially if appreciation and rents seem maxed out for the foreseeable future).