Mike Allen
How much "skin in the game" is enough for hard-money lenders?
Can anyone please tell me how much of your own funds HMLs want to see for lending on a flip? I have no prior experience and am curious as to how much of my own money I would have to bring to the table. I'm assuming ...
Hiren Patani
Background and credit check
Hello Everyone,
Would somebody let me know where and how can I check new tenant background, and credit check. Rental history? Also how much does it cost?
Thanks!
Paul Garcia
Negotiating commission without an agent
Today I submitted a verbal offer on a purchase for land in Hawaii. I contacted the listing agent directly and told him we're not currently working with an agent. I offered that the agent could either represent us as a...
Michael Ablan
I'm confused. How to: Unsecured Business Lines of Credit
Hey guys,Sorry if this topic has been answered a million times in the forum. I've been scouring different articles, blogs and forum posts and have gathered a general outline of the process, but I'm confused on a coup...
Jon Mulholland
High LTV HELOC on 3-unit Owner Occ
Hello, I am looking for a HELOC on my 3-unit building in Chicago, IL. I live in the property. I was working with a local bank who specifically told me they could do 3-unit Owner Occ...only to find out weeks in that ...
Christopher Ochoa
Indiana’s IHCDA First Place or Next Home Programs
Hi there! My name is Chris Ochoa and I’m looking to get started in real estate investing in Indianapolis! I was looking into home owners incentive programs in Indiana and came across the IHCDA (or the Indiana Housing ...
Chris Lawrence
Bookkeeping Cost for Real Estate
I currently have a bookkeeper that does all my books for my rental properties and flips. I have 3 rentals and flip 4x properties a year. I pay $250 monthly and I’m wondering everyone else pays!Thanks,Chris
Minsu Goo
Ok, so how much of down payment for commercial loans? really...
I've been looking at investment properties, either retail or multifamily 5+.
Banks I've talked to saying 20-35% down payment in general for multi unit.
Someone told me 50% for retail commercial properties.
I said he's...
Michael Hoover
My first 18 loans on 5-year balloon. Is this bad and how should I pivot?
I have been working full-time RE, BRRRR method on single-family homes in my local area for the past 4 years. 22 homes completed- (2 sold) 20 long term rented. My interest for this Post is my lending method thus fa...
Justin Sumulong
Can leasing agents share credit reports with landlord/owners?
Hello, I am working with an agent who would then be my property manager to find a tenant for a property I own in NW Indiana. She found potential tenants but told me she could only share their credit score with me bu...