I recently converted to Quickbooks Online for 2 main reasons: 1) peace of mind in case my computer decides to crash 2) may eventually hire a virtual bookkeeper so thought online would be easier. I thought I could jus...
I am considering lending my money out to REIs. What I am trying to figure out are the ROI on this and the mechanics/logistics.I set up an excel spreadhseet to try to do this. The assumptions are:1) It is an amortize...
Hello, We bought a property in CA at a trustee sale with an existing senior lien under the previous owner's name. Now my title company and are having difficulty in obtaining payoff amount. By standard, the serve compa...
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Hey guys,
I'm an out of country investor (let alone out of state) from Canada. I've gotten approval from a US bank by using my Canadian credit history- RBC Georgia NA (a subsidiary from RBC Bank Canada).
The loa...
In a subject to deal....
When you say amount still owed on the property, is that the total of monthly payments still owed, or what the current pay-off statement says?
Has anybody ever had a problem with getting a lender to answer the phone or respond via email?
I am starting to see a trend with the loan officers that I have solicited.
It is very difficult to get them to respond ...
Hello Everyone! I am looking to get a deal done on a property that I am currently managing for a couple who have recently divorced and live in a different state. The home is a nice 3 bed 2 bath home 1800 sq feet. I ha...
If I were to sell a property on land contract, how do I ensure that that the buyer maintains homeowner's insurance and stays current with property taxes?
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