Eric Even
pay off mortgages or buy more rentals?
20 September 2017 | 7 replies
It will only set me back about 6 months of savings and I will still have more than enough to purchase another place if I see one, I just won't have as much money to play with if I need to rehab it which will of course reflects on which houses I would consider good investments.
Richard Arden
How to Handle Snow Removal
6 September 2018 | 4 replies
But even now, reflecting back over my short 6 years of investing, I never really to want you to do it and heres why:Even if you house hack a 4 unit, you are really only paying 25% for each snow storm removal.
Nic S.
DSCR/Creative lender ideas
31 January 2023 | 15 replies
Theres a lender that can do up to 75% LTV on first position and if seller finances another 15%, they allow 90 CLTV but rates are reflective of the increased risk.
Account Closed
What can the financial statement tell you
11 December 2010 | 9 replies
Often I see expenses that appear to be below market, and these numbers are used in a pro forma schedule that reflects NOI above market.
Ryan McPherson
Rookie Investor Looking to Make new Friends!!!
3 April 2017 | 12 replies
I'm a very positive person with an laid back attitude and I hope this forum will reflect that.
Cynthia Miller
No certificate of occupancy tenants trying not to get judgement
12 August 2017 | 5 replies
There are a few small pockets in the city that are up and coming, such as midtown, but the prices in those neighborhoods reflect that.There are reasons why a lof of investors are sitting on the sidelines and not jumping in when they can buy houses for pennies on the dollar.
Blake Meyers
Question about Right of Redemption
27 October 2017 | 11 replies
Upon payment by the defendant, the master commissioner shall convey the real property to the defendant. (3) When the right of redemption exists, the purchaser shall receive an immediate writ of possession and a deed containing a lien in favor of the defendant, reflecting the defendant's right to redeem during the statutory period.
Wayne Bodley
New mortgage company raised my payment amount!?!
19 December 2017 | 5 replies
They will most likely request that you have your insurance agent change the lender on the policy to reflect the new lender.If, after checking your escrow account, and your homeowner's policy, it isn't either of those items, I would refer to your loan docs that you signed detailing your payment (your note) and contact the lender to discuss.
Bob Floss II
Comments on Illinois Wholesale Activity
28 August 2019 | 17 replies
Any person or entity engaging in a form of the activities described may be engaging in activities that require a license.This correspondence reflects the interpretation of the Department on the particular matter you described and is not intended as an official opinion of the State of Illinois.
Michael Rybas
What to ask borrower before loaning private money?
9 April 2018 | 3 replies
If someone has a stable source of income then it would be reasonable that they could have the funds to pay back your loanCredit - credit is a reflection of someone paying their debts back....not paying on time - but paying them BACK.Assets - the more assets someone has the more stable they are and the less risky they are to your loan.Now the important thing here is how do the "Big 3" relate to one another?