Michael Slabitcher
Does a proof of funds letter from a hard money lender guarantee the loan when making offers?
If a hard money lender provides you with a POF letter in order to make offers, does this mean that if an offer gets accepted they have to provide the loan? Obviously hard money lenders have certain criteria the pro...
Robert Lindsley
Newbie RE Investor from Boston, MA
Hello there!My name is Robert Lindsley and I'm a new real estate investor from the Boston, MA area. I'm focusing mainly on the Somerville, Malden, Medford, Melrose, Everett areas just north of Boston.For the past 30 ...
John Gerwatosky
Having a hard time lining up a loan for a commercial property
Hi,I have an off market property in Toledo, OH that I have been trying to acquire financing for. It is a 6 unit property for under $100k. It is a great deal and the owner is willing to wait for me till I line up finan...
Matthew C.
Evaluating Transactional or Hard Money Lenders
What is the normal ROI and strings attached for local transactional or hard money lenders?
I'm reading for transactional lenders 1.9-5% depending on how long you use their money 1-90 days?
For hard money lenders I'...
Sam Leon
Really weird no show painting contractor
I called up a local painting company - highly recommended in Angie's List, the call was on a Thursday, and set up and appointment for Saturday at 10am.
Saturday 10am, no show. I tried calling that number, vo...
Jenny L.
What are current 203K Rates?
Can someone give me a ballpark of an expected interest rate on a 203K loan (full, not limited) based on high 700s credit score for home purchase, not updating a current home? (For example's sake, 500K purchase price, ...
Ryan Cotterill
Expenses for Florida STR
Hi all, really trying to get accurate numbers while researching the Florida Disney area. I have been in touch with a realtor, and still researching.
When I look at air bnb at the potential areas I’m going to invest...
Eric Slater
Invest in Property vs. Payoff College Loans
I want to invest in my first property, but I have a significant amount of college loans outstanding. Does anyone have any advice or suggestions related to how I should determine when I should focus on paying down my d...
Rocky V.
"Sub2", Mortgagor filing bankruptcy
The mortgagor of one of my "sub2" deals asked me if I would be effected if he/she files bankruptcy. Currently home is deeded to a land trust. I own several "sub2" homes and this has never come up. Has anyone experi...
Remone R.
Contractors needed in Jonesboro
Does anyone have any contacts on general contractors in the Jonesboro, ar area?