Jesus Cordero
What do Lenders look for in, to accept working with you?
Hey everyone! I am just starting out and I want to wholesale but also at the same time look for rental properties. The only thing is, I don't have much credit history (about 7 months of credit history) and I have been...
Johann Jells
Do you accept security & 1st month via Apartments.com type ACH?
I've been using Cozy/Apartments.com for rent collection for many years, but not usually for starting a lease. How secure is it that I'll get the money and the new renter can't claw it back if they have a change of hea...
Henry Britton
Does anyone know a bank that can accept $$$ via TARGET2 protocol?
Hello - I have a European contact who would like to invest funds into our real estate deals. They are saying they will only deposit funds in a fund/bank that is able to accept funds via the TARGET2 protocol.My basic u...
Jim Wilder
Offer accepted on 16 units, now what to do for financing?
I'm a true newbie and just had my first offer accepted on a 16 unit apartment complex. It was listed for $723K and offer was accepted for $675K. So... how does the financing work? Is it based on projected income of...
Annie Li
Should I Accept the Counter Offer for a SFH in SoCal?
I'm a new investor and would love to hear your opinion on my 1st rental property purchase attempt in Southern California.The good:1. 4/2/2 1600 sf SFH with big yard;2. flipped house so everything is new;3. comps with ...
Alex Smith
Offer accepted on what appears to be a Tax Lien Foreclosure......
Hi BP!
We put an offer in on a cheap house nearby that we were surprised hadn't sold yet, but we just figured maybe it didn't sell because there were no pictures online and it looks pretty bad from the outside. We ...
LaRuan A.
Banks That Would Accept 20% Down Payment for Duplex in Maryland
Do you know of a bank, lender, or financial institution in Maryland that would allow for me to put a 20% down payment on a duplex, instead of 25%? I am looking to finance several duplexes in a small town in Maryland.
Andrew Sitzmann
Why seller doesn’t accept drive-bys and must be at showing?
I’m looking at purchasing my first multi family. It is in a college area. The seller is not accepting drive by offers, and is insisting on being present for any showings. Is this a red flag?
Dan Taylor
Offer accepted on REO, Bank took an additional offer, lost out.
Hello everyone, Friday afternoon I was informed my full price offer was the winning offer on a REO. I was told Friday evening we would have a contract to sign on Tuesday (today) due to the MLK holiday and earnest mone...
Christopher Freeman
Accepting Deposit to Hold Via Venmo -- Is it a bad idea?
Howdy all,We're trying to iron out a kink in our new tenant onboarding process. We currently follow Brandon Turner's advice to require initial payments via cashier's check or money order. While we see the good reason ...