Hi Everyone,I recently purchased a home with an FHA mortgage, after closing I received a letter from my lender that the FHA has not accepted my loan for FHA insurance and now my loan is no longer an FHA loan. How is t...
Question (1) :
I am setting up a new LLC. There is about $15K of rehab that needs to be done on the properties. Instead of capitalizing the LLC with $15K, is it better to capitalize the LLC with a $15K loan? This ...
Question:Say, hypothetically, that you were starting from scratch and had $400k or $500k and wanted to start buying single family rental properties. Would you deploy the BRRR strategy? And how/when (if at all) would y...
Hi there,
I have some newbie questions for everyone. I currently own a four-unit property in Los Angeles County. I'm living in one of the units and renting out the others. I purchased the property in 2022 with my VA ...
I recently quit my W-2 job of 11 year to work full-time as a contractor and working with an investor flipping houses. It's not that I don't still make as much money as I did with my W-2 job(actually will make more) ho...
Hi, Does anyone have experience with this type of loan? And if so, how do you determine if you will be approved for a DSC loan? Thanks, Chris
Does anybody have suggestions about starting to invest with 150k of student loan debt? I know if I wait too late I will never get into rental properties but I have to also worry about paying my loans
I'm a new investor and looking to leverage capital for my future transactions. My intelligence or lack there of, like countless individuals, is be exploited by third party student loan lenders. I'm looking to consult ...
I do not qualify for a conventional loan (no w2s or income). I have a deal lined up on a cash flowing duplex. Is a debt service loan what I should be looking for?Can anyone recommend some lenders?I applied to Lima one...
Curious what kind of screening people are doing in regards to unpaid student debt.? Has anyone put a cap on the amount of debt you will allow an applicant to have. If over a certain amount then automatic denial?