Joshua M Cummings
Loan Signing Agent as a Side Hustle?
10 June 2020 | 2 replies
Sticking aside some time each week should help out with this, I just need to commit to it.Also, I first heard about Mark's Loan Signing program before becoming an agent, but I found so many back and fourth reviews on the program that I figured I would do with the NNA course first.
Michael C.
Should I sell take profit and reinvest? or hold on to it longer?
24 April 2022 | 7 replies
This is a very hard decision, I keep going back and fourth, I have a couple of rentals, one which cashflows pretty good 800 a month, that's with under market value rents, if I up it , I'm looking at 1,100 to 1,200 a month, easy to rent, literally there's people always trying to see if somebody moving out, not much maintenance at all, the tenants tend to fix stuff before even calling me, Also these are long term tenants!
Burt L.
What is DSCR Lender Really Looking For On My Bank Statements?
15 October 2022 | 15 replies
Funds must be seasoned for 60 days - 2 months bank statements or most recent quarterly statement.
Robby Roden
Finding 200+ Door Apartment Complexes For Sale
6 June 2020 | 21 replies
If you don't understand cap rates and how to underwrite these complex deals you may be investing a lot of time on something where you won't see a payoff.One short cut though is to check out the quarterly reports from the big brokerage firms.
Kristina Lugo
Borrowing money from parents for down payment
13 March 2019 | 47 replies
If yes, they can borrow up to 50% of the balance not to exceed $50,000.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).
Matthew Crivelli
Get Ready for Near 8% DSCR Loans
21 June 2022 | 13 replies
The high rates that we will see in the next 2 quarters will drive the prices back down so investors who have the capital ready to deploy will scoop up great deals again.
Alex Ficco
“PASS… IT'S A MANUFACTURED HOME”
17 June 2023 | 0 replies
Fourth, double wides and single wides!
DJ Carroll
7% Return / 24 month CD
30 July 2015 | 4 replies
The return would be paid out Quarterly and at the end of the 24 months we would refi the property, the CD would be released, and I would have a multi unit property for $0 down.
Alan Asriants
Why I accept pets for my rental properties
28 March 2023 | 23 replies
@Alan AsriantsPersonally I allow cats in my units as long as the tenants allow quarterly inspections to make sure things are getting out of hand.
Orly Howard
STR Restrictions on deed
8 January 2022 | 19 replies
Hotels are large, usually multistory commercial structures that allow hundreds of guests to stay in separate individual living quarters under one roof.