I am trying to decide if it's a good investment to purchase an AU or two before I apply for funding. (I'm going either the HML or Portfolio route). If they look at income, liquid assets, and debt to income, would avai...
I'm looking at at fixer upper tri plex near a college in my hometown. I'm looking for advice on how to determine what rental income would be for college students. Is it best to charge per student, or per unit? And...
Here is my situation. I bought a house and the LTV is around 70% as to today. In few years i am planning to convert current house as a rental and purchase a new house as a primary residence. So here is my question.1. ...
We closed on the sale of 30 units this week. A 24 unit complex and 6 SFR’s.
Couldn’t be happier. The units needed quite a bit of work, class C- or some might say D.
Easy to rent because poor people need a place ...
Each time I buy a home my credit score takes a hit. I'm trying to brainstorm ways to do minimal damage to my credit while still borrowing for more homes and increasing my debt load. What do you do ? Or do you just hav...
I am new to landlording and this is my first time reviewing a credit report.
Rent: $1,100
Monthly income (before tax): $5,500
Credit Score: 778 (did not miss any payment in last 3 years)
Min. Monthly Payments: 550 (w...
Considering a HELOC on primary residence for further real estate investment purposes...would this affect a conventional property loan application since it is "secured debt" or mostly just affect credit scores?Any help...
Hi, let me start by mentioning that I'm very new to real estate investing, and have yet to purchase a property. As a veteran, I had planned on using the VA home loan guarantee to enter the world of real estate one pro...
I have an investor that wants a line of credit type note. He would like a fixed rate, 30 yr amortization when using funds.That is fine but i would like some compensation when it is not drawn due to tying up the use of...
I been looking into personal lines of credit and business lines of credit.. I have read that people use this method for 20% down payments on properties and other things such as funding for their flips and other projec...