Marco Campos
Acquiring first apartment building
Can anyone shed some light into seller carry back experiences. I've seen the guidelines of some capital firms that have LTV at 75% w/15% seller carry possibility allowing an investor to bring only 10% down. This makes...
Tom J.
LLC's and Bank Accounts for Property Management Company
Hi All,Currently I am a Property Management Company with 20 units that I manage. At years end I will be forming an LLC and creating new contracts with the owners under the newly formed LLC.My plan is to just have 1 LL...
Eric Calabrese
More money down on a deal?
Hey fellow pocketers, so I’m officially pre-approved by two lenders which I will most likely go with USAA since not only is the rate cheaper but it lowers my car insurance but that’s another story. I noticed both lend...
Joe Cassandra
Loan Modification Foreclosures about to Explode
It's weird...
I just read this post today on Marketwatch
https://www.marketwatch.com/story/heres-the-hard-truth-about-the-mortgage-markets-that-isnt-being-told-2020-04-02?mod=home-pageThe gist is that many mortgage ...
Mark Neiger
Questions for experienced MF investors out there
So I've been doing my homework and learning as much as possible about MF investing. I've recently started using a program to analyze properties and have begun to practice on a few places I've found on Loopnet. Some of...
Blake Cory
Rental Property Loans
Hi everyone I'm beginning the process of building a rental portfolio. Most of the conventional lenders that I am talking with require at least 20 percent down and I can only have 10 mortgages against my social securit...
Gina Williams
4 plex masrer lease option
I have a situation where a 94 year old friend is a motivated seller. He is willing to do a master lease option with me. I want to acquire the 4 plex units and keep it as a buy and hold. I don't plan to sale once I acq...
Cade Andrew Howe
Capped out at 4 investment loans
Hey everybody,My question is how do you secure financing after your fourth conforming loan with a bank? I understand most people go to portfolio lenders to acquire more units but they typically come with ballon paymen...
Matthew Lukas
Lenders in South Georgia near Columbus or muscogee
I have been trying to figure out after my first property purchase that I have renovated and rented. On how to now pull the equity gained. I have been shut down by different lenders because its under my LLC and not mys...
Jabran Sadiq
Tenant left the country without telling me and is not returning
Hi everyone, I’m a new home owner / investor and need some advice. I just bought my first property last month in New Jersey. I am house hacking and have roommates. I only spend 2-3 days at the house and spend the rest...