I was an adolescent during the 08 housing crisis, unaware of what was happening in the housing market. From what I understand, lenders were lax with their lending standards. Lending to individuals with little potentia...
RE investors, what do you look for in wholesalers to know if you'd want to work with them on a deal? I'm trying to better understand what makes a great vs good vs bad wholesaler. Thanks for the input!
Hi All, I need another opinion/clarity about my closing costs. Home is a multifamily for $380k, conventional loan, bought 1 point and interest is 6.125. Initial closing cost estimate was $13.5k. Just received disclosu...
Hi,
I am looking to start investing in section 8. I have a few long term rentals in Minneapolis and looking to find the right city to start in. I was getting locked in to start in Cleveland when the agent I was work...
Hi all, I am currently trying to get my first lease agreement made for my property. I was wondering if I can use a lease from a current landlord in another county in Minnesota? I would like to do this as an investor I...
We are trying to buy a short term rental, and need a good lender. The lender needs to understand cost segregations / accelerated depreciation on our tax returns. I appreciate your help! Steve
Increase in rent each year what is the standard amount 2% I am the new landlord and my tenets are going into the second year
Hard money lenders have earned a bad reputation in the area of lending for no good reason. In fact, they are often grouped into the same category as pay day lenders. Pay day lenders hold a larger share of the consumer...
Good evening BP
We are about to close on a inherited house that title needed to be clean due to multiple heirs.
The cost was $3,000. The contract says buyer pays all closing costs.
Now buyers says...
I am screening for potential tenants and so far, I have found one potential tenant that is the most qualified. However, she has low income ($56k), but an excellent credit score (750+) and a lot of assets ($1MM+). The ...