is it legal to become a mortgage broker to fund my own investment residential deals? I do not want to pay broker fees. Looking to save money especially with Hard money lenders.
Quick summary. Sfh rental. Owned this property for approx 10 months.Tried going through Wells Fargo, since I've only owned the property for 10 months they will go by my purchase price. Other institutions I'm findin...
Does anyone have experience in what I think is called pool investing? Like when 10 people each put in 10k so that there's a 100k deal. It seems like a good way to be able to share the wealth and also get a bigger deal...
So I'm under contract for two different properties that each have separate sellers (both parties unrelated completely). Since one property falls below conventional loan minimums (75k is usually what I see as a min) an...
I am currently renting out a property to an unmarried couple and I just recently found out they broke up and he decided to leave the property and cancel the services he was paying for. They're under a two year contrac...
I’m in the process of applying for a loan for my first investment property. A lender just told me that Fannie Mae/ Freddie Mac require their loans to be under my name personally. They explained in order to purchase un...
Hi,I just bought my first place a two flat with a garden unit in Chicago. The first floor is empty, but the second floor tenants haven't paid yet for April. I didn't find this out until the closing. The basement tenan...
I've been scouring the forums for hours trying to find a post that gives me an answer different from what I'm finding. But I haven't seen this exact topic discussed, so here goes. My brother and I formed a 50/50 Par...
For all investors out there with real estate license and are also landlord (self managing your own properties), do you have to disclosure to your tenants (and potential tenants) that you are a licensed agent? Also, ar...
Hi all, just looking for some advice/information. We recently were pre-qualified for a 5/5 ARM 20% down, offer made and accepted on a 2 family, inspection completed and accepted, attorney's are involved etc. All durin...