Ahmad Moore
Alabama Eviction advice
2 April 2022 | 8 replies
They are not difficult, but you do have to follow the steps exactly right.
Ray Martinez
LLC or Personal Loan - Shirt Term Rental
21 November 2021 | 12 replies
Hello everyone,I would to start a short term rental business and I've started to look at properties.How difficult will it be to fund the loan for the property when buying as a LLC?
Payton Pearson
House Bought for $2,400!!
21 November 2021 | 1 reply
I know, not super sexy, not the most amazing deal you can imagine, but in the difficult market right now, it's pretty nice.
Naoko Potts
Clogged kitchen sink
25 November 2021 | 27 replies
It isn't super difficult but it may not be something you are interested in doing either.
Fabian G.
Polybutylene Pipes in home
23 November 2021 | 11 replies
@Fabian G.Happens all the time here, your Realtor (if you used one) should have educated you on the pipes.However in this hot market it’s very common for buyers to move forward with the piping as is.I imagine it will be difficult and expensive to hold your inspector accountable so it would probably be best to negotiate with the buyer or find a buyer who doesn’t care.I recently sold a unit to a buyer whom I warned about the potential issues and he simply didn’t care and moved forward with the transaction.
Jack Perfett
House-Hack Cashflow Expectations
21 November 2021 | 2 replies
I am in the process of underwriting deals and I’m noticing that it is difficult to find a cash-flowing property when I plan to house hack a multi family with a 3.5% FHA loan.
Christian Padilla
New Investors, Next Steps
29 December 2021 | 24 replies
If you can't articulate what you want or what you're looking for, it is extremely difficult for anyone to assist you.
Robert M.
Certainty of DSCR lending?
3 August 2022 | 5 replies
My risk tolerance is usually pretty decent, but given the stakes (of being unable to find alternative financing), I can’t seem to mentally let go of conventional lending options.The risks I anticipate are: 1) Credit score will drop with a lot of activity in a short time (though I don’t know how much), 2) The properties are pretty rural, so appraisals could be low or lenders may offer lower LTVs because of the rural classification, and 3) Sudden market shifts could make lenders skittish about vacation rentals, making it more difficult to secure non-conventional lending.My questions are: 1) How confident can I be that I will be able to secure a DSCR loan?
CJ M.
Kids throwing rocks at windows nearly everyday. Won't stop.
7 December 2021 | 86 replies
This problem doesn't seem like a difficult one to solve, imo.
Neil Nagaria
Does anyone have any experience with efficiency units?
22 November 2021 | 2 replies
I think if you underwrite a little higher vacancy cost and maybe a little more difficult to re-sell as most people prefer more of a mix.