I'll try to keep this as short as possible. I just recently purchased a 4-plex (closed Dec 22) with an FHA loan. One of the purchase agreements was that the one of the current tenants needed to be given a notice of no...
DSCR / rental / hybrid / even conventional lenders who have an opinion: Where is DSCR heading?
Context: The DSCR space is largely controlled by 10-12 institutionally backed lenders. There's hundreds of other lenders ...
Hi everyone!
I purchased my first rental. 2 bdrm in a small town. Interesting call today from a potential tenant: she lives in Canada and has almost 2 yrs left in her contract and then will be moving back to this ar...
I have been playing and studying chess now for about 2 yrs. I play on average 3/4 games a day online. One huge benefit I've found to chess is that when I am playing all the worries and stress of the deals or fami...
Hello All!
I don't know if this is a Market-Place question but I had a fellow investor express his concerns about selling his homes on Land Contract so I'd like to pose the question here, using our terms: Does our m...
Do I am considering rolling my 401k into an Self Directed IRA to use for a rental property.The only piece of info I have not came across, is since the title of the rental would be in the IRA's name, and the rent check...
Hi everybody, I was reading so many stories about "contractors from Hell" that make me think of what the definition of BEST, PERFECT, UNIQUE... contractor should be, that I named as an "Angel Contractor".So my ques...
I've been focusing on wholesaling to build cash reserves and I wanted some feedback on what I'm doing as well as ideas from others on ways that they have found success.
My basic strategy goes as follows. I drive nei...
Do any of you ever require any supplemental information from servers or waitresses to corroborate their income? If so, what else do you ask for? Tax statements?
I know servers can do pretty well making tips however...
Are you paying your contractors by the hour, or by the project, or by square footage?If you are paying by the hour how much do you pay per hour? If you are paying per project how much do you pay per project?I've been ...