Israel Hernandez
Hurdles of being self-employed while trying to start in RE
18 June 2018 | 11 replies
Typically, the problem of getting financing comes from folks who are "self-employed" but have income coming from all sorts of irregular activity.
Anthonie B.
Best way to structure a partnership
15 June 2018 | 1 reply
Just make sure to draft an operating agreement.I typically see 50/50 deals when one partner brings the money and the other partner does the work.
Tyler Hockett
Buying and analyzing rentals
19 June 2018 | 8 replies
Starting out of state with limited funds typically isn't the best strategy, you might be better off learning in your current area and purchasing a house hack property, you will learn most of what you need along the way that way while having a place to live, in the worst case scenario.
Charles Moore
Lenders who count income from house hacking in DTI?
15 June 2018 | 1 reply
Typically, conventional lenders will not count rental income until you have two tax returns reflecting that income.
Dominique Papillion
Newbie Looking for advice
18 June 2018 | 11 replies
The next general meeting in July is a vendor showcase that (I think) won't have a central presentation, but the meetings typically get about 100 - 200 people per month and it's a good networking resource.
Justin R.
Lending on property held in trust
15 June 2018 | 4 replies
You're never going to get anywhere trying to make a legal argument to a mortgage underwriter, since they typically have zero legal training and will just give something the thumbs down if in doubt.
Gary Dezoysa
Realistic timeframe to get to $1,000/month starting with $5,000
25 June 2018 | 11 replies
That combination typically is for an extremely risky asset.
William B.
Offer Review, Real Estate Attorney
20 June 2018 | 8 replies
So this specific person at this particular company has experience in helping a property owners (who aren't otherwise contracted through property management already) vacate tenants, so essentially just using the property management for the vacating process rather than managing the property through a lease being that this property is a fix an flip and not a BRRRR.
Zach Gard
New Member Intro - D.C. Investor / Commercial General Contractor
19 June 2018 | 13 replies
The Virginia side of the border that is essentially a no go, while DC and Montgomery County both allow it with certain conditions.
John Lynch
HML Attorney Fees Paid By Borrower
15 June 2018 | 0 replies
Is it typical for the borrower to pay the lender's attorney fees (separate from points) on a transaction ?