Account Closed
Limit of number of mortgages?
I get the concept of finding rental property, getting a mortgage, and renting it out obtaining positive cash flow while soaking up the equity. However, is there a limit to the number of mortgages one can receive? Will...
Brian Gerwe
CPA Letter for business verfication:
I'm in the process of refinancing an out of state rental property. The lender has required a 'Prior to Docs ( “PTD” ) Condition':"Business Verification Needed - Broker to obtain a CPA letter to confirm the borrowers c...
Mark M.
Ratio Utility Billing System (RUBS)
Has anyone use RUBS (ratio utility billing system) on a small multifamily property (say 10 units or less)? Is it cost effective for smaller units? What are your thoughts/experiences? Thanks!
Account Closed
Is it really this easy?
I have been listening to some of the podcasts, and I've stumbled upon this financing option for B&H through private lenders. I want to know if I understand this correctly, so please chime in if either I'm right o...
Brett O
Simple way to spot a good deal, what do you think?
I just had an idea, if we could figure out the maximum amount of dollars we could pay for a property per $1 of monthly rental income we estimate the property will bring, we would have a very easy way to figure out how...
Brad Larsen
Investors - Are You a "C" Class Landlord?
In the property management industry managing single family and multi family homes, we have classifications for Landlords that is never put on paper and probably never talked about. This has probably never been publish...
Josh Miller
Sold a property for $66,673 net profit in <4 weeks
10 Things I did differently than typical wholesalersAddress: Chandler, AZ 85226Purchase Price: $132,559.74Sell Price: $205,000Hold Time: 1 monthExpenses: Taxes $ 352 Title (Selling) $ 1,723 Title (buying) $ 1...
Frank Bellantoni
Wholesale Beginner in Westchester, New York
Hi, my name is Frank I have Zero Experience in Real Estate in general brand new to the site. I really don't know where to begin just looking for some advice as far as getting started in my area with wholesaling. Im go...
Alex Grainger
Net $0 Cash flow properties
*warning. extreme rookie question, take it easy on me*I understand that if a property doesn't have positive cash flow, there is no way you could create passive income no matter how many properties you have. Is it stil...
Jamie Richter
Possible Piering in Baement, Should I go for it?
Howdy,I'm new to the site and this is my first Forum post. I am looking at purchasing a property to live in for a year and then rent. I will be doing this repeatedly to build my list of investment properties. I am int...