There is a potential that I may need to foreclose on a property that I provided a HML on. I have about a week left until the note is due, but signs aren't looking good based on property status and lack of communicati...
Im curious as to how to go about obtaining PML for a DSCR loan option. How would you structure a deal so that the private money could cover the down payment and fund the rehab in order to minimize money out of your po...
Hello. I am 17 years old and very interested in RE investing. I have 5k burning a hole in my pocket, and I am looking for places to put it. It's not a lot of money, but I am willing to work hard with what I have. Any ...
I have the following case, numbers are made up, but the situation is real.I purchased a house in 2021, rented it out, in 2022 I demoed it and build new, finished construction in January 2023 and rented out almost imme...
I'm curious where the rest of you fall in terms of charging application fees on open units. In the past, I have allowed tenants to apply for free. After selecting my top candidate I have them complete a background/c...
Hi-I have money to invest;-I invest longterm in the stock market, REITS and I'm looking to diversify;-Interested in real estate investing that is passive and remote/long distance;-I live in Dominican Republic but I tr...
So two part question. We have identified a property and agreed on terms where we'll get a 1st mortgage either through traditional financing or private through hard money. The seller is going to carry a 2nd mortgage fo...
Hello Everyone, My wife and I are purchasing our first investment property (4-plex) that has a few minor repairs that are needed. However, due to us not having great funds to start out we need to do a 3.5% FHA lo...
I am looking to buy a fixer upper. I’ve been seeing some options come through a wholesaler that are multi family and some are rented currently. I would aim @ renovating the property and increasing the rents. My girlfr...
I am trying to create an applicant/renter guideline for my rental property. I would like something that spells out the expectations for any applicant and tells the applicant a criminal, employment, and credit check ar...