One of the things I've seen when it comes to starting in the REI arena is getting pre-approved for mortgage. In my consult with Rent-to-Retirement, my consultant Adam made the same point. So as far as investment prope...
Hello all,
My problem is I am having trouble finding financing because my debt to income ratio is right at 55%. The lenders I have talked to say it needs to be around 45%. How can I get financing? I have the ...
I am going to start a new marketing campaign to reach my goal of buying 2 properties for buy and hold.Here is my criteria: Town house, built pre-1996, last market sale date 1996.I am hoping to find original owners tha...
Do you have to show that that you have been working for the same employer for at least 2 years? If yes what are the other alternative for me if I want to invest in a multifamily home? Thanks for you help
If there is a seller finance opportunity. What is a fair term and rate in this market?
Hey All,Took a little break from REI the past 6 months to devote time to other ventures, but we're back!Quick question, is there any merit to buying properties that would fit the mold of a buy and hold, but instead do...
Hello, I have currently made $50,000 wholesaling real estate in the last two months and want to get into buying rentals. I have no prior job experience and would not qualify for traditional bank loans because i would ...
I have 2 partners that we have pooled in our capital and have enough for a 15-20% downpayment on the type of property we would like to buy and hold. We are pre approved by a traditional bank, but they obviously need t...
I am finally going to stop reading and dive in. I need a good lender in Mass. Any suggestions? I just don't want to randomly call places.
Thanks
Hi, and thanks ahead of time to whoever responds to this. I am new to the real estate investing world. My business focuses mainly on pre-foreclosure, sub2 purchases. One of the main reasons I chose this realm is be...