Amanda Roy
Home equity line of credit?
I’m in the process of opening up a home equity line of credit, I currently have a mortgage on that property, and I have the opportunity to buy another one, but would like to use a line of credit to use as the down pay...
Josiah Halverson
Address lists. When filtering lists, why do I care if the person has owned for 7 years or not? As long as they have at least 40% equity, why do I care?
Address lists. When filtering lists, why do I care if the person has owned for 7 years or not? As long as they have at least 40% equity, why do I care? I ask because this filter criteria is common among rehabbers. ...
Sean B.
Trying to use 203k loan when bank will not allow.
Hello,
I currently have an accepted contract on a forclosure that needs a little work. In order to do this deal I need to close with a loan that has a construction component to it. The seller will not accept any sor...
Max Connick
Enticing investors
Hello all!New to the site and I am excited to use it! For all those who have used lenders outside of the traditional bank method. As far as rental properties are concerned, what sort of deals do you offer portfolio ...
Jesse Stephenson
How much do I pay my first employee of Property Mangement Co.
I have a small but growing Property Management Company. We (my wife and I) currently manage 50 homes but want to grow to a couple hundred. I am thinking about hiring an employee (and family member) to help grow the...
Cal C.
New IRS Regulations?
Has anybody developed a detailed list of repair/improvement items which is segregated to keep under the $500 radar? If you don't know what I'm talking about and your a landlord I strongly suggest you find out.
Sean Bramble
STR construction loan
Hey everyone,Was talking to my agent today and she suggested I consider building vs buying an STR since the market i'm searching in is super tight right now in terms of supply. I was previously planning to purchase an...
Lowell Ash
Securing private lender's position
Does anyone have EXPERIENCE with borrowing from multiple private lenders and securing their interest in the properties that you purchase? I'm looking for a way to give them security in a property that I purchase with...
Miguel Martinez
Finding absentee owners or landlords!
Hey everyone, my name is Miguel and I'm a fix and flip investor based out of Southern California, Inland Empire. I'm currently flipping two properties that were sold to me by a tired landlord. The area I'm rehabbing t...
Deb Neumayer
Submitting home specs for lenders
I'm just starting out in the fix and flip arena and would like to know what sort of specs a potential lender will need on a home before funding. TIA!