Burt L.
Rental Property Conventional Lenders That Will Close In An LLC?
I have been looking at doing a DSCR loan but looks like I'm giving up on that as DSCR loans require bank statements anyway and if I'm going to provide that, I might as well go Conventional and have significant rate sa...
Account Closed
FHA loan on second property
There is plenty of useful information on FHA financing here, but I couldn't find answer to the following question:Is my first rental property (non-FHA) going to affect my ability to qualify for an FHA loan for my seco...
Zachary Coombs
Craigslist multi million dollar commercial deal?
Investor states medical bills ruined credit last year. Says he will provide 25% down and all I need to do is get loan in my name and provide 65k down for escrow and costs. States I’ll even get 65k back at closing. Say...
Sean Richway
Zoomeral / Genie Investments - Has Anyone Used Them?
I am curious to see if anyone has successfully funded with Zoomeral and Genie Investments. We are looking at them as an option but wanted to see if I could verify the legitimacy of what they offer with others that ma...
Dan Perlman
FHA Loan Proof of Employment
I have a question regarding providing proof of Employment when attempting to get an FHA loan. I just relocated back to NJ from FL. From July 2017 to June 2019 I worked with the same company. From July 2017 to Dec 2018...
Cory Adams
60 Day Rule for SD 401k
I am familiar with the 60 day rule as it applies to borrowing and paying back an IRA within 60 days without penalty, but wanted to know if the same applies to a SD 401k?You might suggest a loan from the 401k but I alr...
Roland S.
How Poor Americans get Exploited by their Landlords
It seems to me that the landlords are providing a service for people that need housing, not exploiting them....https://www.msn.com/en-us/news/other/how-poor-amer...
Summer Shelton
Create an LLC before purchasing first property
I am on the hunt for my first real estate investment. Would you say it's necessary to create an LLC to purchase the property? located in Missouri, St.Louis area
Kirby Baxter
Portfolio Loans for low cost rentals
Hey All,
I am seeking advice on Private Lenders that fund portfolio loans. I have spoken to my broker and the loan amount for several of the houses is lower than they fund. I am looking in an area that has started to...
Taylor Campbell
LLC or not to LLC
Hi - what are everyone's thoughts on getting an llc on rental properties? I have heard a lot of conflicting advice on getting one. I have heard some recommend it, other's say the liability insurance should cover it, a...