Marcella Hoard
What you need to be a successful investor
21 July 2021 | 2 replies
The article was published by The Washington Post and it highlights three important investor qualities which I summarized as thick skin, strong stomach, and knowledge. 1.Thick Skin: Beginning a real estate investing career will come with some stress and challenges that include securing reputable general contractors.
Austin Urbanec
First Ever Contract
21 July 2021 | 6 replies
It works a little different here, but I have to maintain good standing for 3 month in order to apply for my contracting license with the city.
Cole Baker
NEW INVESTOR: Wall Paper Removal
21 July 2021 | 2 replies
I'm going to guess $4 a square foot, maybe more if the drywall skin peels off with the steaming and you must replace drywall then $6.
Ryan Keenan
How can I get approved for a heloc owning 6 rental properties??
22 July 2021 | 2 replies
I first applied to wells fargo when I only had two properties and they gave me a nice 50k loc now that they are closing, I'm afraid I keep getting denied.
Nathan Toothaker
Move forward with HELOC if less than %80 LTV?
27 July 2021 | 3 replies
When I first applied I estimated my home value at 390k which would give me a line of credit of 62k at an 80% loan to value ratio. (390k x 0.8 - mortgage balance)The appraisal came back at 420k which great news however when I requested that the limit be moved up to 80% LTV of the appraisal amount (86k) I was told that the loan commitment had already expired so in order to get up to 86k it would need to be a new application and also I would not get the promotional interest rate of 1.99% for the first year.
Brandon Jump
Newbie: [Calc Review] Help me analyze this deal
20 July 2021 | 0 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All,I am a newbie trying to learn more about the BRRRR method and applying the principles towards a real project.
John C.
Finding a piggyback mortgage for a MF property?
21 July 2021 | 4 replies
If you have the FICO you could apply for a HELOC after you close, but it will be full doc.
Mike S.
Mortgage Rate Question
23 July 2021 | 7 replies
Yea, you shop around….a preapproval doesn’t guarantee you a rate anyway as they don’t know when you’ll actually Apply for a loan.
Account Closed
Financing a Rehab - would love some advice!
22 July 2021 | 1 reply
I am financing a rehab on a new quadplex, and wondering the best Credit Card to get/apply for with no APR for 6-18 months and pretty lenient with credit limits.
Michael Dickey
NEW INVESTOR HOUSE FLIPPING QUESTION
26 July 2021 | 6 replies
Make sure you develop a fair criteria you apply across the board.