Looking at a couple of properties to do a 1031,one of them is a small tract (5 acres) with five singlewides rented generating $2,700 of monthly rent. Purchase price is $259k. I contacted several lenders and no one wan...
If a persons Fico score is above 700, and debt to income ratio is low , is it hard to still qualify for a commercial multi family mortgage through your business , if your previous years tax returns show losses?
Hi all,My husband and I are newbies in investing. Have been reading books and listening to podcasts to educate ourselves before making an investment. However, meanwhile I am having a dilemma! The more I read the more ...
FHA loans for the longest time have been frowned upon in the industry, most agents look at these loans as more difficult to close and usually envison a buyer with a 600 credit score and no money... time are changing q...
Hi everyone!I recently had a bookkeeper from India, setup QBO for my 4 rentals. Properties are under a LLC with a partner and we have bought, made capital improvements, cash out refinanced. I feel things got a little...
So I have a big dilemma and I need some expert advice. I will try to make a long story short:
So I purchased a 2br/1 bath that was completely renovated for $99k (no downpayment or PMI, I used Old National Bank Prof...
We were just pushed for the forth time by the buyers lender since inspection and appraisal. Has other sellers seen this type of behavior from lenders? Without explanation I tend to think it is something negative, but ...
Hi All-I am kicking off my first BRRRR and am looking to fund most of the rehab using credit cards (0% intro rate makes it a lot cheaper than a short term loan ranging anywhere from 7-15%). Risky but I am ok with it.M...
For those of you that deal with property values of $100,000 or less and have good credit, this can be a really good deal.
Recently, I spoke to an investor out of Texas that financed 100% flip with 0% APR credit card...
They didn't mention it on the phone, only mentioned that they went down to "Zero" when the real estate bubble burst a few years ago.He gave me a detailed run down of his story (of course it's difficult to verify any o...