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Here are some key factors that most Lenders consider when evaluating a DSCR Loan Application:
Property Income: Your rental property should generate enough income to cover all the expenses, including the loan payment....
If a tenant is evicted, is that the equivalent of getting a judgment in order to pursue them in collections? I just want to make sure I understand how this works. Thanks
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Just finished the great book,"Set for Life". These two free online programs were mentioned as good for tracking your financial life. I was wondering if anyone has had experience with one or the other?
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Has anyone heard of or used IMN Direct® Capital LLC | Fast Flip USA. They offer 100% Purchase and rehab they only require 40% of your profit. No income No experience bad credit accept. I'm just doing my due diligence ...
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Hi,Looking for rental property software that is NOT online and works with Windows 11.
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What Qualities Should You Look for in a Borrower Before Offering Private Money Loans?
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Hi everyone. Need some advice from lenders as well as experienced investors. I am getting ready to choose my lender from several I spoke to. Should I choose only one lender to qualify me or more than one? How will...
Hi, I have been managing our own rental properties. Recently I have had an experience I am struggling with:we have 3 unrelated parties who currently live together to apply, -- one of the applicants who only lived with...
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Hi all. I live in Jersey City, NJ and I recently bought a single family home right next to the one I live in for $750K. I paid cash with money from a 1031 exchange as well as a home equity line of credit from my pri...
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Ok Patrick, Any thoughts on the feed back I received from Linkedin?
Extremely frustrated!!!!
Wayne Jewell Real Estate Investor
Hi, newbie investor looking for a true private lender (not hard money le...