Jacob James
New, aspiring investor
6 August 2024 | 7 replies
So if you need advise or to talk about how to potentially obtain cash let me know.
James McGovern
Does this type of mortgage product exist?
5 August 2024 | 12 replies
Since you acquired it so recently from when you will close on the loan (in your case 1 day), certain HML lenders will treat this as a purchase rather than a refinance which offers better terms, more leverage, etc.
Daniel Torres
Our first deal! What now?
5 August 2024 | 7 replies
The home sits at the front of the land, so there is potential to add an ADU later in the future.
Charlice Arnold
How do you maintain a strong and positive relationship with your borrowers?
6 August 2024 | 6 replies
I keep that one sheet attached to most communication I have with borrowers so they will always have it and I can refer them back to it as necessary.
Clare Cui
Possible tenant on Social Security and cosigner.... worth it?
5 August 2024 | 1 reply
We deal in low income properties, so our criteria is that rent cannot be more than 50% of income, but if the income source is non-taxable we increase it to 59%.
Janice Chang
Would you rent to someone with a housing voucher?
4 August 2024 | 5 replies
So far the applicants that are coming in are unemployed but have housing vouchers that can cover 100% of the rent.
Account Closed
Looking for an advise from a real estate CPA or investor
6 August 2024 | 2 replies
Selling to investors at a fraction of its worth is not ideal, so I'm looking for alternative solutions.
DeAndre Mason
Turn key deal
5 August 2024 | 0 replies
The Comps give the property a market value of 200-220 but they are selling as is so they dropped the price.
Charles Burgess
Next Steps for Newbie Developer
5 August 2024 | 14 replies
So like the majority of investors right now, it has hard for me to find cash flowing rentals due to appreciation + high interest rates.
Sam Issa
Finding deal in a saturated market
5 August 2024 | 5 replies
I studied this in school, so I have some expertise in this area.