Philip Johnson
Loan says I got 48 "Debt to income" ratio, what he talking about?
Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...
Jim K.
GENERATIONAL WEALTH: Do you worry about your kids?
Over the last decade or so, my wife and I have put together a nice little rental portfolio, we've really grown as landlords and property managers, and we have a nice little life that's just getting nicer. Net rental i...
Yuvaraj Vimawala
How to handle emergency situations with tenants (AC issues)
Hi fellow landlords,This year I have been particularly lucky to have 3 AC units blow up and 2 properties have flooding due to sewage back up in my properties (all SFRs). I wanted to ask the experts here if there is a ...
John Cartwright
Do hard money
ok I am at a point where I have done my research and still learning but I'm ready to get my first deal going and get it under my belt. My credit is not good enough to get a mortgage loan. So I'm left with private ...
Scott Trench
Why Would Someone that Is Financially Savvy NOT House-Hack?
I'm curious. I have written extensively about how I "House-Hack" and live in one part of a duplex and have tenants rent out the other portion of that. They pay down the mortgage and allow me to live for free.For every...
Sharon R.
Am I in trouble? Issue with property manager
Hi, I wish to give a warring- this one is long. The short version is at the bottom of this post. I heard a few different opinions on what I am about to write to you, so I need a very specific advise here, if backed ...
Jeff Terry
Am I wrong? Am I expecting too much from my real estate agent?
My wife and I are planning on relocating to East Tennessee to live and invest. We don't know much about the region other than what our research churns up (numbers, market forecasts, Google Earth views) and we really n...
Chris H.
What Is The Best Way To Prevent A Realtor From Stealing My Buyer?
When putting a listed property under contract for a wholesale deal, what is the best way to prevent the listing agent from circumventing and stealing any of the buyers/funding partners? NCND agreements seem to not wor...
January Johnson
Can I buy a home directly from an owner facing foreclosure?
Can I buy a home directly from an owner facing foreclosure in advance of the foreclosure auction? For example, I see a home up for auction, and the amount owed is about $38,000. Assuming this is the only debt (and I...
Kathy Lu
Highest bidder on Homesearch.com auction, what now?
I was the highest (not winning) bidder on an online auction. Homesearch.com called the next day and said that my bid was "waay off the reserve price", so it must be forwarded to the bank for review. The representat...