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Hi all, I've made an initial verbal offer on a property. The agent is saying they will give me a 3 day inspection period with closing in 15 days. Am I assuming correctly I would only have the three days to do ALL of m...
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We can agree that credit is tight in the current mortgage climate, right? Even for owner occupants with good credit, it would seem that banks are looking for reasons NOT to extend mortgage loans. Of course, investor...
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Hi all,I'm closing on an investment property in 3 weeks and have run into an issue. The lender is requiring that I have an insurance policy with rent loss coverage. The property is going to be vacant initially as I ne...
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First time homebuyer : Should I wait 6 months to to see what the market will do (with this pandemic going on )to finally invest in real estate and purchase my first house . Or is this something I should get into soone...
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Hey all, I graduated college a year ago and moved to Austin a couple of months after. I wasn't aware of the Austin market until after I had actually settled here. For the past few months I've been eager to begin my re...
I'm looking for more efficient software to use for managing 500+ units. I am currently using a system we built on FileMaker Pro although it doesn't really track and organize everything that well. What are you gu...
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Last summer I jumped on the probate bandwagon and probably sent out about 100 or so letters. I got a decent response, but never any deals, so I went in a different direction. The out of the blue this week I get a ca...
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Hi, I just moved to San Diego and started real estate investing last year. I purchased a rental unit and did some private funding in 2016, and I will probably expand this business by doing more deals. Now it comes to ...
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I'm currently communicating with a local large bank, hoping to get a loan to payoff a current terrible mortgage on my house, rehab, and probably flip. What I like about this bank is that once I got on the phone with ...
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Hi All!I'm wondering if I were to refinance a handful of my properties into a non-recourse commercial loan, would these properties then come off of my personal credit so that I could purchase more properties with Fann...