Brooks Rembert
If I own a House Free and Clear, Can I Sell With Seller Financing and Refuse Third Party Financing?
Title says it all. If I'm interested in still receiving some cash flow, can I stipulate that I'll only sell on Seller Financing? Even if it means I match the terms a buyer gets from a mortgage lender.
Beth Barnes
Long distance rental vs Turnkey rental for newbie?
Hi everyone! I’m a new investor looking to get started on my first property. I live in a very expensive market (NYC) so I’m evaluating long distance markets as a place to get my feet wet on a smaller deal. I’ve been r...
Kimberly T.
Can "having a job" be part of your tenant screening criteria?
Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
Account Closed
New credit report rules require 30 months of payment history
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...
Jordan Gilberti
Need a Broker's License to start a property management company??
I live in New Jersey and am currently in the process of starting a property management company. However, I came to find that in NJ you need a real estate broker's license to do property management. Does this mean that...
Jake Langley
trying to buy House In Bankruptcy
I am attempting to buy a house from an owner who is in Bankruptcy. It is a rental property and it is in disrepair, the tenants have not paid for over a year and the owners are $14k in arrears. I talked to the seller...
Nayt Grochowski
Need advice on setting up a JV where I manage the funds/assets
I am working with a small group of investors and we are putting our funds together to purchase properties that we will sell with seller financing to generate cash flow. The plan is that my LLC will be managing the ass...
Travis Ward-Osborne
Higher priced BRRRR or lower priced vacation rental
So here’s where I’m atI’m going in with a partner (he has the money, I have the hustle and the knowledge) and we’re trying to decide between two options:We’re prequalified for a loan on a minimum purchase price of $22...
Peter T.
Accepting rent by Bitcoin
I saw this link on the internet today - what are people's thoughts on this?
http://www.prweb.com/releases/2013/8/prweb11063422.htm
I'm also new to this forum, so not sure if this is the right section to...
Chris Gabriel
Fined by Real Estate Commission
A couple of months ago, I moved from Nevada to California. Today I received a notice of violation from the Nevada Real Estate Commission and a fine of $500. Seeing as how I withdrew from the Nevada Commission in Septe...