Robyn Cann
High Fire Danger and bank loans
We own 2 homes in Sacramento and a home in Anchor Bay, California. One in Sacramento is a residence, one is a rental, and the small home in Anchor Bay has been a vacation home for us. My husband and I are ending our w...
Account Closed
Best Strategies for Building Wealth
What are the best strategies for building wealth in real estate?
Jonathan Greene
The 5 Biggest Mistakes New Investors Are Making Here In The Forums
These are here to help you make better connections in the forums. It's ok to be new, but if you consider these five tips, you will get much better responses to your questions.
1. Writing too little or too much in a p...
Jessie Marcell Mouton
Where do you keep your cash?
We are in the process of doing a cash out. We’re shooting for a heloc but unfortunately my credit union doesn’t offer them, so I’m shopping around. If we decide on cash out where do I put it? I’d like to find somethin...
Calvin Ruth
Looking for an investor friendly bank in Tulsa OK
I have 5 sfr rentals right now. Closing on my sixth. It's va foreclosure so it's taking a min. The couple of banks Im using don't want lend me more money right now. So, I'm looking for another bank. High 700 credit sc...
Robert O'Keefe
Investment Property Loan Requirements
Investment and commercial properties have different loan requirements than residential properties.
A higher down-payment is required. The minimum is 25%. This is the first key difference.
The reason for this: banks...
Cameron Tope
Bank denied my offer and countered too high!
Hello fellow investors,I'm in a predicament. A property that was approved for a short sale by the bank has now denied my offer (after 5 months) and the bank wants next to retail.In this scenario I figured I would sub2...
Issa Rice
What do banks need before they will give a loan?
I was reading an article that banks look for at least 2 years experience from an investor. I wanted to know how true that is and how do new investors over come that hurdle. Besides the 20 or 25% down payment, what els...
John McKee
Is your bank savings keeping up with the FED? ...Probably not
It's a good time to be on the sidelines and earn some cash while continuing to shop around for your next real estate deal. A high paying money market account is a great way to place your money. Unfortunately a lot o...
Justin Madison
High Income & No Debt, But No Bank Loan
I have a friend I’m trying to help. He owns his own business and makes good money, $200-$300K per year, but he also has many tax write-offs so he shows a much smaller yearly income on his tax returns. His dilemma is h...