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Hi everyone, I'm Josiah. I've long wanted to invest in property and not just own a house. My wife and I have "flipped" the three houses we have owned to pretty much scale up each home to what we have now for the f...
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My bank said that a 7 arm rate would work very good for me. The rate is 6.8 now and will stay the same for 7 years then it will change every year based on the rates. What is your opinion on this? I already have a ho...
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What would you all advise as far as taking money out of a 401K to use as a down payment for our first rental property? I know 401K's are not popular but I have two different ones, which I know I would pay a small pen...
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Velocity of money is an economic term that refers to how quickly money changes hands within an economy. It's often used as a key metric of an economy's health. The faster a dollar gets spent, then re-spent, and re-spe...
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We are Private Money Mortgage Lenders. We use a loan servicing software that has a monthly subscription. What are options for having our investors pay their share of this monthly fee? Thanks for any input.
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I’m struggling with understanding how to raise capital for small multi family properties. For example,I found a property I wanted to put an offer on but while I was trying to be pre-approved for a loan I found out tha...
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I just found that most HUD properties remain unsold in the first 10 days on the market, and right after the 10 days, a lot are sold very fast. So what is the magic of the "first 10 days", is it just a random phenomina...
Buying a business? Maybe you’ve thought about it before. You could own a laundromat, self-storage facility, plumbing business, or landscaping service. It doesn’t sound glamorous, but these types of businesses can make...
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I haven’t seen much information regarding the borrower’s requirements for NNN loans, specifically fast food retail on urban/suburban properties. So far for Dollar General properties, I’ve gathered that typical LTV is ...
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Curious to know what you see in your state.
We are seeing pre-foreclosures continue to increase in So.Cal, and continue to see the same trends over and over again....
A lot of these pre-foreclosures have two things ...