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After looking at two local (Chicagoland) hard money lender applications, I noticed that the lenders wanted me to disclose as much information as a conventional lender would require. In addition, the applications i...
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So, I'm on to my next property (buy and hold). I'm wanting to put as little cash as possible up front for the next one. I'm buying in the 10-25k price range. I have two credit cards. Current balance of $0 on both...
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Recently purchased my first two rental properties. I was told that I have to wait two years before I can purchase my third home. I was also told that the two houses count as a liability and not an asset until I have ...
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I continue to want to do flips of my own, but finding investor friendly agents has been a bit challenging for me, and based on what I've learned over the months, I should be making triple the number of offers I've bee...
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Hi Everyone
Thank you in advance to anyone who reads my post and provides a response to my questions.
The property ( condo apartment ) is in Broward County , Florida. The tenant has now left the property ( He has h...
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Hi I have a tenant that is moving out after 6 months of a 12 month lease. She gave me 2 months notice thinking that was acceptable because in the lease it says 60 days notice for renewing the lease.I can’t find anythi...
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Has anyone used Unsecured Credit Lines or Cards on a Recent Project with success?****************************************************************How does 0% interest for 12-18 months sound? Between $60k - $250kStated ...
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Hello,My wife and I are currently searching for our first investment property, hoping to find a small multi-family in the Cincinnati area. We have a great real estate agent and are going through the pre-approval proc...
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Scenario 1: 2 houses with mortgages, very minimal but positive return on both ($4k annual net profit) Scenario 2: sell 1 house, use equity to pay off other house ($14k annual net profit) Which one would you do? And why?
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Theoretically let’s say someone or some entity is interested in an 18 unit for 500k. Three questions…They have a decent credit score, about 40k cash in the bank but not the 25% (125k) for a down payment. However, they...