Philip Johnson
Loan says I got 48 "Debt to income" ratio, what he talking about?
Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...
Ami Sapir
An American Nightmare
My name is Ami and I have made a pretty big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...
Antonio Bodley
Fastest way to make money immediately
When times are hard and you need money IMMEDIATELY like right at that very moment and you have no where and no one else to turn to get that money, where do you get money to get you out of a bad situation? Wholesali...
Greg Moore
Anyone moving their investments to Bitcoin?
After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
Looking to get feedback from others that have 1031 into DST Delaware Statutory Trust.We have tons of equity, low debt, fully depreciated, and I have been dealing with toilets, trash, and tenants, for 20 years...I ofte...
Alain Perez-Majul
Rentals: Debt and Leverage, Free-and-Clear, or Happy Medium
Hey guys! Surely this has been discussed before, but figured I'd start my own thread on this topic for convenience's sake (selfish, I know haha).
Although my active real estate business is wholesaling, my goal is to...
David Vitarelli
Credit/Debit or ACH rent payment platforms?
Hello Group! I am curious what platforms other landlords are using to collect rent? To date, I have been accepting rent via USPS but as the number of units increase, the process of opening mail and running checks to t...
Karen Higgins
BEWARE of fraud by erentpayment.com
We are currently in the middle of a scam by erentpayment.com. They have taken money deposited by our tenants and have refused to pay us. They have been very limiting with information and turned their phones off and ...
Aubrey H.
Pay down debit or invest in a new property?
We wanted to get some insight on how to proceed with our business! We own 4 SF and 2 MF for a total of 8 units. Of those 8 we live In one unit and his parents live in one, So only 6 units have an income. On the 8 unit...
Carol Steed
Assignment Fee- Check, debit or credit card for payments?
Is it necessary, or better to have the buyer to pay us (the wholesaler) with a check for the assignment fee? We have our bank account set up where we can accept payments from PayPal, Square or send them an invoice th...