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What sources do Banks and other lenders use when assessing the value of real estate in foreclosure. Is there a some index they apply to value distressed real estate?
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I am currently a licensed agent out of Denver and am curious what kind of value it would add if I applied my closing commissions towards a fix n flip deal. I know how expensive financing is and I would be contributing...
I was thinking about using an unsecured loan to obtain a rental property. Are there anything I should be aware of before I obtain it. Is it wise to do so. I've only use conventional loans in the past so I'm a little g...
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Hello,We moved a property from under my name into an LLC. Property and LLC are both in Texas. We also opened a Holding company in WY. And the Texas LLC is owned by WY holding company. If you have a similar structure, ...
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Improving a credit score does not happen overnight.Why?Most creditors only report to the bureaus once a month. However, there are a few steps you can take right now to start cleaning up your credit blemishes and here ...
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Does anyone have any experience financing with Fundwise Capital? I recently applied for a line of credit, but I've read some poor reviews and wanted to see if anyone has had any dealings with them. Looking to use them...
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I applied for some mortgages recently and was declined based off my schedule E losses last year, one property had large repairs to be done. I was hoping to obtain another property, I already own 4 properties(6 units) ...
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So I am trying to be a bit more creative with financing my first investment property. My wife and I bought a home a year ago and after talking to a big bank financial officer about taking out a HELOC on our primary r...
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I am obtaining a HELOC on my primary residence to then use for the down payment(s) for investment properties, that I would also have an additional purchase loan(s) on.
What should I factor in, to decide what amount...
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When you're doing the math on a triplex that you plan to live in, are you typically applying the 2% to your unit as well (split between all 3) or do you shoot for that money coming from the other 2 units only?