Zach Lehman
When buying a rental
When buying a rental is it required to live in that home personally for a year? I’ve done some research and I keep seeing yes’ and no’s.
Bryce Y.
Silly Underwriting Requirements
I am in the process of doing a cash out refi, and got notified by the lender that I will need to provide a hand-written letter (not typed, in my own handwriting) listing the properties I currently own and stating that...
Brandon Green
Business loans and lines of credit
Hello all,I have come across a situation that hopefully you may be able to help. I am in the process of closing on a property but unfortunately my personal credit was hit and now in order for the closing to happen I w...
Luke H.
potential tentant's realtor wants his tenants approved
I looked over tenants job history and they just started their jobs.I sent a standard we will not be moving forward message. Realtor asked if I could be more specific. I explained we are looking for stable income and l...
Oscar Macal
When and how to reject an applicant?
Hi guys,
I'm new to Real Estate investing and looking for my first Sandwich Lease Option deal. I know that for any applicant that applies, if rejected, I must send/give them a written statement letting them know why,...
Jason J.
Questions on being a "Qualified Real Estate Professional"
I had a question about being a "Qualified Real Estate Professional". I'd like to use Cost Segregation Studies on my commercial properties to offset income from my businesses. For 2021, I started to accurately log all ...
Arjun Raman
Renting SFH to group home
Hello Investors, I was contacted by a company that runs an assisted living facility / group home in Phoenix, AZ. They want to leave my SFH and use it to run their facility. This is my first time hearing about this and...
Ryan Lee
Investment property 60 day seasoning downpayment
For conventional loans via Fannie, I know that there is a 60 day seasoning for downpayment funds for conventional loan.
If you're receiving income from your W-2 employer, do these paycheck funds need to meet the 60 ...
William (Bill) Reeves
Working with an investors money
Once an investor wants to participate is the investors money put into an escrow account? I'm trying to figure out how to have access to the investor's funds so when a property becomes available to buy I have the funds...
Brenda Whittaker
Flip Financing, Realty Shares?
Looking into flip financing, so far I like Realty Shares, does anyone have experience with or know anything about them? One specific question is, they will only lend to an entity, so is it worth setting up an LLC in ...