If someone has 10% to put down on a property for the same amount either a three Plex in Waterbury Connecticut (Not necessarily have tenants) The building is in OK condition Or a house in Orlando Florida and Airbnb i...
Does anyone have any experience with a HELOC using PenFed, Signature FCU or Elements Financial? These were the most legitimate lenders I have been able to find that will go above 80% LTV at a decent rate, Prime + 1. P...
This is for all the 'co-own curious' folks out there.I recently started a project aimed at making it easier and more affordable for people to co-own (and manage) homes together. If you have a property (SFH multi-famil...
Wanted to know if it is legal to email a borrower. I have the work / personal email (borrower is an unaffiliated realtor) and have not been able to get a hold of the borrower. Wanted to try email, just to get the dial...
Planning on living in a duplex where we would have a negative CoC ROI and a negative cash flow for the first year. Only planning on living there for one year because of the FHA rules. From there, I estimate we would b...
I have a new prospective tenant who is going to pay for her blind father's rent. They seem very stable and credit check looks great. My concern is if I need to evict how does this arrangement need to look on the lease...
Hi all,Wanted to see if anyone run into this issue and can offer advice. I'm working with commercial lender for financing and put in my first offer on a fix/flip property. Offer had financial contingency and our agent...
Does anyone have a good handle on the difference between a lease/option and a lease/purchase. It is my understanding that they are very similar except that under the lease/purchase, the "buyer" is guaranteeing a cert...
Anyone else concerned with the debt crisis? How are you positioning your self defensively? How much cash reserves keep on hand. 3 months, 6 months, 12 months?
Hello! I am looking for a smaller bank in Houston, TX to refinance some of my rentals. Looking for a commercial loan (loan in company name, but I'm willing to personally guarantee it). The problem I've run into is tha...