Seth Mosley
Looking for a blanket loan
Any advice about getting a blanket loan to cover a few of my conventional mortgages?Looking to free up a few more for additional purchases.All my properties are in Tennessee thus far.Thanks in advance!
Lance Luvaul
A: refi 3 loans into 1? B: portfolio loans count in 4 loan limit?
Hi BP: sorry, two questions in one:A: If I refinance 3 hypothetical conforming/secondary loans into 1 big loan, does that reduce the number of loans that count against my limit of 4? (And maybe a 3rd question: is the...
N/A N/A
Foreclosures
We have seen a huge increase in the number of foreclosures in the past 4 months. I believe it is a combination of not only sub-prime and ARM mortgages, but also the high number of people who have gotten loans with int...
Brad Bellstedt
Las Vegas Housing Market Numbers
So, how's the Las Vegas housing market?
In the last 4 weeks (since 3/18/20)
2,460 properties have been listed for sale.
Inventory of homes listed for sale increased from 5,927 to 7,347. (24% increase)
1,620 pr...
Laramie Hiebner
What loans are people using after the 10th Loan?
I was wondering what types of loans investors are getting after they have 10 loans out? I'm sure this has been asked before but I'm interested! From my knowledge people use commercial find partners or find local banks...
Amy Wan
Change to definition of "accredited investor"
Big news, syndicators: This morning, the SEC adopted amendments that expand the definition of 'accredited investor'. This has been a LONG time coming. The changes will be effective 60 days after publication in the Fed...
Samantha Simantiris
News Reported Previously-owned home Sales dropped 17.8% for 2022.
Wall Street Journal reported Sales of previously owned homes slid 17.8% in 2022 from the previous year to 5.03 million. Although we are seeing downtrend in home sales , there is some positive news. The average rate o...
Michael S.
HOAs limiting number of rental properties
Madison County (AL) investors,Just wanted to alert you to a recent development. We received our annual HOA dues statement for one of our SFH rentals. With the statement, there was a ballot to submit for HOA by-law r...
James Carlson
Denver Airbnb laws/numbers update
I went to the latest Denver Short-Term Rental Advisory Committee (STRAC) late last month and thought I'd share what I heard. As a brief background, Denver passed an Airbnb law in January 2017 that allows short-term re...
James Mamangun
I was told by the bank you can only have 4 mortgages.
Hello guys. Newbie here. The bank says I can only have 4 mortgages. Does this mean I can only have 4 rental properties? How can I have more than 4 properties? Do I form an LLC?