Ryan Swigart
Has anyone had their realtor urge them to use their lender?
I am relocating so I have a new realtor I have never used in the past. She has been very good so far. However, when I told her I wanted to submit the first offer, she called me and strongly urged me to use a local len...
Justin DeMontier
To Close or Not to Close...
I apologize in advanced for the lengthy post, but I'm going to try to be as detailed as possible, so here we go...I currently has a property under contract that I have been prepared to close on for my first BRRRR but ...
Nancy Curran
Why don't these realtors do bank approvals first?
This is my first short sale. I put in my offer and it was accepted by the seller. Now, I have to wait until the bank approves the offer. So, here I thought my all cash offer with a 30 day close would be a quick turnar...
Anthony Matus
FHA LOANS for first House Hack
Hey hey, Anthony from San Diego here. Moving to SE CT next summer and I want to purchase my first investment property. Looking to discuss FHA options. If I can, I would like to purchase a triplex or quadplex I can hou...
Account Closed
Co Signing
I am considering co-signing for a loan. The borrower may qualify for a government backed zero down first time buyer program. We will both own the house 50/50. (This is in a area where a good deal is a 400k 3/2 house. ...
Nathan Frost
Private Lending for Rentals
Hi, does anyone have a way of getting in contact with Quest to find private lenders? I find deals in my town but need to learn how to find private lenders for the deal.
Jeremy Mahan
Need Advice! Refinance Current Rental or Purchase a New One?
I currently have a rental property that I used to live in while attending college. My interest rate is 7%. I would like to purchase another rental property, however, I'm not sure if I would be better off refinancing...
Debasish Bhattacharjee
Self employed tenant screening
I am currently searching for tenant for my rental home in Tracy, California. I have two applicant applied both of them are self employed. I am using zillow background check and verified both of their BG is clear, have...
Page Huyette
This REO Triplex doesn't meet 50% rule--but does it still cash flow enough to purchase?
Running the 50% rule shows this vacant REO triplex at a negative cash flow, but when I run a more detailed analysis, it seems fine. I'd appreciate insight on this deal:
Purchase price: 209k max with 25% down
Gross ...
Ray Trounday
Difference between Yield and Return on Investment for a Note
I am getting myself confused between Yield and ROI. For illustration purposes, lets say that we are evaluating the following note:Original Principal Balance: $100,000Interest Rate: 5%Term: 360Payment (-536.82) Calcul...