I've read, both here and elsewhere, lots of doom and gloom about the housing industry and the economy in general. They may or may not have a point. My question today is this -- some people got rich during the Great De...
Hi,I just found out that part of the requirement to get a commercial loan for an apartment complex is to have a minimum of 5 years experience managing a large multi-family property, or something similar. Is this requi...
I must have too much time on my hands. Was having a fun, purely academic conversation with someone and somehow the topic went from the stock market, ETF's, to real estate, to BRRR's and either he or I or both us came...
Hi All,Which locations are you guys seeing as hot markets for Fix/Flips? Locations with the largest delta between distresses and retail properties? Phoenix AZ inventory is very dry right now....and doesn't allow much ...
Hey guys. I’m new here I have a question regarding your experience with loans for purchasing a short term rental property in Scottsdale Arizona. I currently live in CA and have a business here. My question is do most ...
Has anyone put together a killer business plan and presented it to a lender for a potential purchase of a home for the purpose of STR and been approved?What was included in the plan?
I've seen many in different forums, but still trying to find an exact answer on this. I know a HELOC can be used as the 25% down payment for a residential property, but how would a Commercial Lender view using a HELOC...
When is it correct to maximize rental income reported on our SCHEDULE E (Form 1040) for additional mortgage qualifications?For example, an investor already has a few preforming rentals purchased last year. Now that ...
Got a weird situation, not sure where to go with it. I would of thought a local bank can handle this, but they keep looking at me like i'm crazy.
I've got a client who has maybe 400k liquid cash and another 300k in...
We all hear all of the investors who made out in the 2008 housing crisis. If this were to happen again I want to be ready to strike. I currently have a HELOC and some cash saved for some turnkey rental properties. I c...