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I have been told by my banker I will need to have $100,000 in non registered assets before I can be financed for a third rental property, LoC may be accepted and I don't think the top 20% will be either. I'm curious t...
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When my wife and I purchased our first home back in 2011 we used a loan officer that was recommended to us through our real estate agent (who was a family friend). They helped us find our house and really worked with...
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Hey Guys, I am in the process of starting a real estate investment company with my partner. We have completed the LLC/Operating Agreement and now need to open a business bank account. We had a consultation with Bank o...
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(Apologies for the typo in the subject - can't figure out how it edit that)For someone looking to get into multi unit/apartments I hear it's good to take a look at a few properties along with running the #'s. Problem ...
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HiI am very new to rental property investing but I would like to start by buying my first rental. One of the main question or concern is to deal with renters and I like to reduce it the risk and maybe all the hassle ...
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There was a sheriff's sale recently where the bank bid the price it was owed. I don't understand that, but anyway I assume that they'll want to sell it now, right?
How can I contact them to make a deal to take this ...
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Hello all,Up until now, all of the sheriff's sales I've been to have had the attorney/firm name on the sale list. I'd call the firm and ask for the upset price a day or two before the sale. Half the time they give ...
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Problems getting qualified from conventional lenders. I am baffled at the rationale but it has happened twice now.My overall picture is quite good I think. But the lenders are basing their decision on one very narrow ...
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I have heard some investors say that when using hard money, they make all cash offers, however they are not all cash because they are in fact using hard money financing. My realtor is telling me that we must include i...
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This question is for a friend who is attempting to buy her first piece of property & get started on her Real Estate path. She is currently working as a travel nurse with a staffing agency. It's a W-2 job and she's...