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Like most of you reading this I realized the massive potential of real estate and thought “Wow How do I get started”. I was 24 years old, broke, but had decent credit. At the time I had a friend who for the purpose of...
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I am working with a small group of investors and we are putting our funds together to purchase properties that we will sell with seller financing to generate cash flow. The plan is that my LLC will be managing the ass...
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I am renting out a studio apartment, the majority of applicants don’t have credit at all. Would any of you landlords out there rent to people who don’t have credit at all? What else can I take into considerations besi...
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HUD Home Q&A
What is a HUD Home?
A HUD Home may be a single-family house, a townhome, condominium or other type of residence. The properties were deeded to HUD/FHA by mortgage companies who had foreclosed on FHA-...
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I'm a realtor in Oregon. My principle broker last week dropped a bomb on us, saying that balloon payments are going (have gone?) bye bye, and that most people who are going to carry notes on their own properties, will...
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Approximately $9.75B in rent payments were late or unpaid in the US multifamily sector, this month.
What's the percentage of your units that are late/didn't pay rent this month?
Examples:- less than 15%- 10%-25%- 25...
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Does anyone know of lenders out there that will loan for a vacation rental in Mexico? My wife and I are looking to purchase a condo in Puerto Vallarta. I wonder if there are DSCR loans for STRs/Airbnbs in Mexico? Or s...
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So, I get a PM from a mortgage broker in another state asking about private lending. I told him to feel free to ask any questions and he sent me enough to write a book LOL!Anyways, I want to offer my personal experien...
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Hey guys I have a question. I am probably different than a lot of you in the fact that I deal in mainly land instead of houses. I do really well in this business and deal in the market of hunting and recreation lan...
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I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?