I am actively looking for ways to secure capital to purchase my first real estate investment. I have equity in my current home and am shopping out a HELOC to use for a down payment and other costs. I spoke to a loan o...
At a recent REI seminar, the speaker said that when you buy a rental property, you get the rents for that year. Like, if I closed in May, I should get Jan-May's rents and deposits from the seller at closing. Is that r...
Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...
I am in the process of loaning my brother money in regards to a partnership between us to purchase rental property. I would like to have a NOTE in place at the minimum APR just so we have something on file should I wa...
Hello. I am starting my search into buying a apartment building at some point in the next 6-8 months. i am interested to see what kind of deals are out there from private lenders or any other kind of financing that ca...
I am looking to expand my portfolio, but am short on funds and want to start using other peoples money. Where/who can I go to for down payment and reserves to qualify for hard money and DSCR loans. And once financing ...
I can't believe what's happening with wRentPayment.com! It really is scary to know something like this had happened.For those who are reading this post, you can read about the fraud that is affecting the majority of o...
So I've read in multiple forums that a down payment on a conventional mortgage cannot be borrowed. To me this implies that Lines of Credit, Private Money, etc cannot be used for the down payment the bank is expecting...
This new startup, called Rhino, is launching a new insurance product for landlords that claims to negate the need for security deposits. In theory, this will make listings more appealing and cut down on the hassle of ...
Hi,
I sold a house to a tenant and her boyfriend on a Quit Claim deed. They registered the house in their name. Then, they quit making payments. When I called the county, the lady who answered said "you should've d...