Isaac Lopez
Any recommendations on bank to use for cash out refi?
6 November 2021 | 4 replies
DSCR loans are available, closing costs and rates may be higher but I have seen 80% LTV cash-outs on the private side with no DTI, tax return, or employment requirements with much fast close times / less seasoning.
Cristian Gaona
New Wholesaler Seeking Advice
20 November 2021 | 4 replies
Some of the other people in the program are having some luck working the ATL & PHO markets which is influencing where i will start doing some outreach but I figured i'd get more seasoned investors to share their take and maybe help me see some things from a different perspective.I know this system is not the most sustainable/scalable but seems to be the fastest way to get the ball rolling in terms of revenue as it's marketing is time consuming but free, basically just FB group outreach & direct messages.
KL Furnung
Opinions on rental properties.
14 November 2021 | 8 replies
I just know as I get older Im not gonna want to deal with all that is required.
Eric Parnell
Tenants complain about sewer smell. $8k rehab?
4 November 2021 | 1 reply
Hey fellow landlords,I've got an older property that the tenant has complained about a toilet backing up and smell coming from the toilet/and or pipes.
Tiamo Wright
STR or Long-term in Denver winter?
5 November 2021 | 4 replies
@Tiamo Wright it used to be tricky to find quality tenants from October to March here, but our seasonality has been all off since covid and demand has been super high IME.
Nic A.
Tools for Inspection
6 November 2021 | 5 replies
I use the rapid lead paint testers on older homes.I also check the electrical panel for those that no longer meet code & check for a heavily corroded bus bar.
Paul Schmidt III
Seller financing with BRRRR
7 November 2021 | 4 replies
If they are older, they will value safety, interest, saving money on taxes.
James A Spear
How do I cash out refi a property with one year of tax returns
6 November 2021 | 2 replies
If you want the higher appraised value, then you'll need to wait for the property to season (typically around 6 months) before starting the financing process.
Caleb Ryan
Wholesaling Multi-family Properties
7 November 2021 | 1 reply
If they're seasoned investors, they will most likely be able to tell you upfront what a unit will rent out for if they have all of the details on the spot.
Michael Williams
203 K loan (Construction loan)
5 November 2021 | 3 replies
Thankfully you live in Sacramento so you don't have to worry about a snowy season slowing you down.