Gershom Lewis
Finding the Money to finish fixing my basement for Airbnb and New 3 family Build
20 February 2024 | 3 replies
I can't take out any more loans that will hit my personal credit reports.
Anthony Freeman
Facebook marketplace effectiveness
20 February 2024 | 11 replies
I've listed two properties on FB marketplace and have gotten hundreds of inquiries each time.
Tiara Fair
Assistance needed thank you
22 February 2024 | 9 replies
And right now lenders simply aren't writing loans for less than $50,000.That means the house must appraise for at least ~$67,000.
Chris Lyman
Questions about reserves for multiple properties
22 February 2024 | 4 replies
After recently speaking to loan professionals I have become aware of the fact that after you have a couple of properties lenders will require that you have 3-6 months of reserves for your loan payments for each properties on hand.
Jacob Hancock
25 Year Old with 500K in liquid Cash. Wanting to build duplex - all the way to quad
23 February 2024 | 25 replies
It's a great way to BE the bank yourself, although you do pay simple interest to the life insurance company until you pay back the loan.
Dominick Persino
PITI Reserve requirements?
22 February 2024 | 1 reply
Conventional loans usually ask for at least 2 months of PITI in reserves.
Greg Wilkowski
Are people finding MFHs that meet DSCR loan requirements of 1.25 income/debt?
20 February 2024 | 4 replies
You would think that every loan officer knows these loans but some specialize in other loans, etc.
Vu Le
How to do price match between 2 LENDERS
22 February 2024 | 6 replies
You shouldn't be applying for two loans simultanously.
Ori Skloot
How Much Do You Pay your CPA for Tax Preparation?
23 February 2024 | 14 replies
Accounting for additional properties, set up of depreciation schedules and reconciliation between management company cash flow statements and cost workbook and maximizing deductions for expensing loan costs."
Chris Waugaman
What do should I do with Rental Equity
23 February 2024 | 8 replies
One strategy might be to purchase one property with cash and one property with maximum loan.