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Hi, I'm a new investor and I have been looking into hard money lenders for my first flip. I spoke with a company and they stated that for first time borrowers they would require a down payment of $10- $20 thousand dol...
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*With apologies for how basic this probably seems* I wanted to ask for general advice on where rental income should "live" in the short and long term, and make sure I'm handling things correctly. My wife and I just mo...
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Just had a tenant pay a $500 deposit then claim that one of them accepted a job out of state and wants their money back. Of course after receiving the deposit I took it off the market and stopped showing it and turned...
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I want to get approved for a DSCR loan. I have walked through a few properties that I know would cash flow. Where can I find a lender? I talked with a manager at my local KeyBank and she told me "There is no such thi...
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Some of my recent posts on title searches have sparked a lot of interest, so I decided to put together a simple guide to help those of you looking to conduct your title searches. The goal is to give you a practical wa...
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Thanks in advance for your thoughts. My investors & I made it to the final round of bidding on a 300 unit apt bldg in the Southeast and I have some questions. We all have varying levels of RE investing experienc...
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Do all non-performing notes have to be boarded with a servicer BEFORE they are worked out? The non-performing notes have some of the highest monthly fees. (usually around $30/month) For non-performing loans which ma...
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This may be a stupid question but I really dont know the answer (I am a newbie). When you find an end buyer, does the buyer expect to pay the closing costs? If not, how do you pass the cost on to the end buyer? Any ad...
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Good Evening,On a SFH I have as an out of state owner, I have noticed that PM has not collected utilities from tenant since they've moved in (going on 4 mos now). I pay from my account on an auto deduction and expect ...