Devang Patel
Is this the time to be selling your rentals
7 March 2024 | 38 replies
I believe the future is to hold them and sell them later on contract to allow yourself to have the additional cash flow without the huge gains
Alex Ng
Are there any lenders who do first home loans with only one year of tax returns?
7 March 2024 | 5 replies
You have to calculate based on a more than a few things like loan amount, down payment, taxes, Insurance, (Any HOA) PMI, based on credit, etc.If you are 1099 the Bank can look at the most recent 1099/Schedule C if you have been in business for 5 years or more with a 25% ownership in company or more.
Damien Staley
NEWB with unique real estate options.
7 March 2024 | 2 replies
Have you done any additional research into the requirements?
Dave Harlan
Picking a home inspector
7 March 2024 | 12 replies
Additionally, I have many years' experience in construction and home inspection, and I personally inspect every property with my agent before buying.
Kay Kay
Gas leak, code issues, tenant move out
7 March 2024 | 10 replies
When my daughter looked into tankless, they told her they could install it outside (couldn’t work out venting inside) but it would require additional maintenance, so they just went traditional.
Jamaal Garrett
Existing Property as collateral for a new purchase
7 March 2024 | 6 replies
If you have equity, income and good credit, any lender will do this.
TaRa Mehta
Property damage exceeding security deposit
7 March 2024 | 6 replies
If they do more damage you simply add it to the bill.
Chandler Leger
Getting creative with Loans
7 March 2024 | 2 replies
Refinancing can allow you to pull out equity, providing you with additional funds to use for the down payment on a new property.Look into financing options for purchasing a duplex.
Logan M.
Pitfalls of CAP Rate and Mobile Home Parks
6 March 2024 | 9 replies
CAP Rates can be a beautiful thing, they allow an investor to get a quick comparison of properties without digging too deep into the deal.When using CAP rates on MHPs I want to give a few warnings because there are additional variables to consider.
Edlyn Gonzales
Tenant screening requirements question
5 March 2024 | 4 replies
Our minimum requirement for credit score is 580. 1 of the applicants credit score is 558 (this person makes majority of the income) and the 2nd person has a 661 credit score.