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Beth Johnson A few reminders for DIY private money lenders

12 February 2024 | 2 replies

.🛑 Unrealistic ROIBeware of deals promising excessively high returns without proper collateral or penalties.

Harley Emelia Should we sell or turn it into rental?

12 February 2024 | 12 replies

Mortgage balance $455k at 3.99%.

Kieran Dowling Differnt types of loan products

13 February 2024 | 13 replies

If the goal is to stay 1099, I would spend a few minutes with a mortgage professional, and understand how the schedule C (likely how you're filing) is calculated by an underwriter.

Kyle Fowler St. John's, Newfoundland

13 February 2024 | 8 replies

In my opinion, I think they're better to flip because people usually buy mobile homes because the mortgages are so cheap.

Matt Hubert DSCR Rent appraisal - Montana

13 February 2024 | 6 replies

We initially were using a different lender and a 2nd home mortgage, however, switched to the dscr when we discovered this.

Jonathan Small Roach and Insect Fix and Keep

13 February 2024 | 0 replies

The property owner was involved in a reverse mortgage and had not paid a note in over a year.

Jacklyn Robins Looking for some guidance on scaling your portfolio

14 February 2024 | 19 replies

You can't eat equity, and equity doesn't pay mortgages.6) I find when the deals are scarce, the best thing to do is build up cash reserves to weather the downturns.

Luke Crouterfield How do I start with 220K?

13 February 2024 | 28 replies

I don't think I could get a very large loan from the bank because I'm currently paying on a mortgage and don't have a lot of passive cash flow.

Michael Grossman Bay Area Investors

12 February 2024 | 4 replies

Have you invested in Reno proper?

Yesenia Charles Should I liquidate my Seattle properties while I can? Existential crisis

12 February 2024 | 16 replies

Now that I’ve moved to my permanent home this house nets $2200 after mortgage, taxes, insurance.