As I gain a better understanding of this business, I relate it to mine (auto finance). In my industry, we utilize a reinsurance company for add on items (like warranties). Is this common with this industry?

EXAMPLE...

Hey BP,Looking to obtain a portfolio loan across a few properties to leverage up a bit.  Lima One does 8% but I'd like to stay around 6% if possible.  No pre-payment penalty preferred, though if there is a 1 or 2 year...

Portfolio Lending Recommendations in Washington State

I'm looking for some suggestions for mortgage/loan portfolio tracking software or spreadsheet solutions.  I'm looking for a few specific things.Scalable from 25 to 100+ LoansLoan-Level and Portfolio Analytics (present...

Was wondering if anyone knew about how long it takes for an average portfolio lender to close on a deal, and if there were any in Charlotte that could close in 1 week time frame?  Thanks in advance!

Hi BP Community,I notice this question has been asked a couple of times before with no response but I'm hoping since then, new members have joined BP that may have experience in this area.  I have a seller who wants t...

I'm new to investing and am looking to make my first deal here within the next few months. I'm meeting with a portfolio lender this Friday and am looking for advice on what types of questions I should consider asking ...

Hello all!I recently closed on my first rental property for university students, and have been getting a feel for being a landlord. Its barely been a month, but I'm already trying to think of ways to continue to scale...

Here's my current portfolio. I’m looking for advice on whether to sell and move into better cash flow properties:Property 1: Florida SFR 3/2 (paid: $183K, worth $121K; rents for $925/mo.; own F&C).Property 2: Flo...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $85,000

Cash invested: $18,000

Bought a triplex with my partner Shaun Tutor. This property's rents were at $...