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I am a novice with the commercial lending side of things but saying I have:1. 25% down payment2. Credit (From what I read this is not as important)3. History of being a landlordWhat am I going to need extra? Money lef...
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Have you found that racking up posts is helping your business? What networking benefits if any or deals have you found by being out there more?
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Hi all, What software systems do you use to manage your buy and hold business? Accounting software? ie. Quickbooks for financial statements - desktop or online?CRM? Property Management? Thanks!Monica
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I was hoping to get some input from anyone who has done financing through Quicken Loans.It's somewhat interesting (I think) the way I got into contact with them. I was reading a blog post written by a BiggerPockets me...
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A recent discussion regarding 15 yr vs. 30 year mortgages got me wondering about this; When considering a borrowers financial statement, do banks consider equity in a property the same as cash? Do they value cash mor...
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Im beginning to look at listings with my agent and I was wondering if I could get some information on specifics order of financials and documents that are required in the first stages of analysis process.
For exampl...
Good Afternoon,I am interested in investing in Multi-Family properties. What information should I request from the seller regarding a property that has tenants? I know I should analyze the deal before making an offer...
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We will be looking to secure a traditional mortgage on investment property in a few minutes. Just wondering if it makes a difference on where we are keeping our available funds. We have a business checking account i...
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Hi,We have a retired teacher that wants to rent our unit. Everything checks out great about her - she even wants a 2 year lease, but how do we verify income? She showed us her retirement checks (those alone do not m...
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I am preparing a proposal for an important prospective PM client. I would like to include sample financial reports the client will receive monthly. What specific reports should I include?