Kevin Roach
Can you borrow the down payment from one lender to then use to secure a mortgage with a second lender? And is that a good idea?
Looking to get into my first multi-family property (first of any type of property actually) and I don't have enough for a down payment. Would it be possible to borrow the 20-25% needed for the down from bank A and th...
Lisa Monroe
Do Banks Call To Verify EMD
Hello Everyone,
I have read that some people copy a check to send in with their offer. Do listing agents or the bank call the buyer's bank to verify the amount on the check is in the account?
I was reading where a ...
Jack B.
Weird requests from tenants...What's wrong with some people?
I've had people who want to put in a fence, tear down walls, want me to remove my appliances so they can put theirs in, etc. Today I had a tenant want me to install a chain at the back door so that I couldn't get in. ...
Steven J.
Do I inform the bank of seller carry back?
Do you tell your lender that you plan on having the seller carry back on deal?
For example, I want to get into a property with a conventional investor loan. I need 25% down, and the loan covers 75%. If I have...
Orane Jacobs
Midterm Rental arbitrage
Hello everyone! I'm considering pursuing rental arbitrage in Irvington, New Jersey, and I'm curious if this is a viable strategy. Has anyone had experience with midterm rentals in Irvington? Also, does this market typ...
Henry D West
How did you get your first financing?
So I am wanting to get started in real estate investing in Columbia SC, I am coming across loads of deals which interest me but I never want to commit because I am worried that I won't be able to finance them. I have ...
Jay P.
Text harassing me after 10 day notice was served?
Hi All, Yesterday I served my tenant for various lease breaches and unpaid rent since then he has been sending me messages every few hours, can I do something about this with the police? The last message I felt almost...
John Moore
Do you expect your agent to give you an ARV with every listing?
My agent is sending me a lot of properties and I have no idea how to filter through them quickly. I don’t know what they’ll be worth after repair. Should I expect my agent to give me approx values of all of these home...
Vincent Burruss
Starting Out At 18 Years Old
I am 18 and still in high school living in northern California, I work a slightly above minimum wage job (~$30,000 annually before taxes) and live with my parents (so living is cheap, i.e. no utilities to pay). So far...
Spencer Bowen
Excise Tax when wholesaling in Washington State
Dear Washington state wholesalers , I was just reading through the RCW on excise tax and found this little nugget below (RCW 458-61A-104 para (1)(b)). Can anyone help me understand paragraph 1(b)? It seems like if ...