Sam Stabler
DTI Question for Underwriter- HELOC's
Hi Guys,How do underwriters calculate a HELOC on the DTI calculation during a 10-yr draw period?1) Do they include the actual Interest-Only payment reported on the Credit Report?2) Or do they term out/fully amortize t...
Craig Jones
Contractor / investor financing
General contractor in business for 40+ years with an opportunity to acquire someone else's unfinished rehab for ~$2M with an ARV of $4M - $6M depending on whether we finish the existing project or tear down and start ...
Alfath Ahmed
Single-Family BRRRR next to Nationwide Children's Hospital in Columbus
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $167,000
Cash invested: $25,000
Contributors:
Michael Sgandurra
This was a value-add BRRRR deal nex...
Robert Grunnah
Need Insurance Company that Specializes in Investment Property
My business partner and I own a number of properties throughout the Hudson Valley, some of which we renovate and flip, some of which we're holding long term as rentals.I am looking to develop a relationship with a pro...
Jared Burns
Anyone with HELOC experience?
Can anyone provide insight on getting a HELOC? Do you generally need to have an account with the bank that you're applying for a HELOC at? Anyone have experience with getting a HELOC from a credit union rather than a ...
Dimitri Paspalaris
H&R Block for investment properties
I am currently PCSing with the navy and was wondering if it is good for H&R block to do my taxes for my investment properites in florida or should I try to track down a cpa? Thanks for the help.
Jacob Wathen
Storage Unit Laws in Portland, OR
Can someone point me in the right direction of the laws regarding renting storage units in Oregon? If the laws are county/city specific the unit is in Portland, Multnomah County. Any advice would be much appreciated! ...
Cassie D Wright
Need suggestions on lenders..
I bought an 8 plex apartment building and financed with a local bank for 15 years just so I could acquire it ($105,000). Three apartments need major rehab and I would like to do the whole building inside and out. I ...
Salvador Figueroa
HELOC BANKS RECOMMENDATION
So I have over 200k in equity and I am thinking about taking 120K HELOC to do a BRRRR. I know a lot of banks offer HELOC’s but is there any of them that you recommend? Have you been working with a lender in LA COUNTY ...
Nicholas W.
Is smart move legal in Wisconsin
So I am doing some research as I purchase my first rental property and wanted to get your opinion on using Smart Move for tenant screening since I know that many landlords recommend it.Wisconsin Law states:"Except as ...