I have three listings and several more in process, so selfishly, I wanted to start a thread where we comment on off the shelf software tools and best practices for managing listings when you have several or many. Let...
In my subprime situation, my agent and loan-office inflated my income, convinced me to sign all the documents to "move things faster". Loan-officer, told me not to worry about the inspection that he is a licensed one....
Do record expenses and organize receipts as they come in, at the end of the week or month? Currently, I am doing them in excel as they come in but this proves to eat up a lot of time, sporadically throughout the day.
I'm looking to buy my first note this coming year. There seems to be more than a few here who have invested in notes. If you would, please share some of your good, average (as if there is such a thing) and bad st...
I have several conventional mortgages on rental properties I own. I'd like to keep buying, but the banks are saying too many mortgages and debt to income doesn't look good (they go off tax returns, not leases for inco...
I purchased an old 1920’s Craftman-style home for $69,900 in October. It was in poor shape. The siding was in need of major paint removal and repair, the foundation needed to be put on cement piers instead of wood...
This is purely hypothetical but I had an idea that I could explore if it's even legal. My idea is to work with RE investors/buyers, and use my available funds to provide a proof-of-funds letter for their deals, and c...
I placed an offer on a REO property last week and when I mentioned to the real estate agent that I would be wholesaling it and doing a double close she looked at me as if I had 3 eyes. She said she had never heard of...
I'm sure there is a creative workaround but the trouble I am finding with BRRRR model is the Refinancing part!! More specifically, I can't seem to refinance due to my Debt to Income ratio due in large part to BRRRR!!...
We're working with a title co. we've used for years on a deal we have that's in foreclosure. We always do our own unofficial 'title searches' before submitting an offer and/or putting a property under contract.
So I ...