RJ Gustilo
Cash Reserves For a Loan
Has anybody felt they ran into a set back after learning about having the need to have 6 months of reserves required by banks? I am a newbie investor looking for my first investment in the next few months and have eno...
Carlos Rodriguez
Selling share of property under an LLC to another investor
I have a mortgaged, single family property in Austin, TX under an LLC that is owned and managed 50/50 by myself an another partner. My partner wants to exit the property/LLC and I have a new partner lined up to take t...
Account Closed
Loan amount
Hello I'm still several months away from purchasing my first investment property to house hack and using a FHA loan. Is it wise to find out now how much a lender will be willing to loan to me, so I could plan on type...
Michael Glaser
LLC: Which State Is Best?
Closed on my first rental home this spring. It's been two months with renters in the property in Kansas City. I'm looking to start an LLC before my next, but I'm also out of the country about 7 months a year while I'm...
Jerry Sanford
help with HELOC please
Five years ago I bought my first home though a Wells Fargo program for 1st time home buyers and a non-profit. I was given $15K towards the back end and paid all closing costs up front. The $15K was amortized over 5 ...
Chad McGibbon
Advice on maximizing equity in investment properties
Scenario:Client owns 4 rental properties. 2 SFH and 2 duplexes. One of the duplexes is actually a lease option with a 30 year note. Total owed on all properties is around 350k or 300k without the lease option duplex. ...
Adam Khan
Newbie from from brooklyn
hey everyone, A bit about myself, im 22 studying computer science part time in college and i have about 35 credits left and their only major classes for a bachelors degree. I cant grip myself on the thought about a 9...
John Taylor
Financing 4 years after bankruptcy
Please note, I have re posted this question here since it is a finance question.I would appreciate any advice that someone can provide on what my best rout might be for financing a flip. The issue that I have is that ...
Jason Morton
Is Credit Karma Accurate?
I was made aware through one of Brandon Turners podcasts that Credit Karma was a free way to check your credit score. So last month I signed up and logged in. Low and Behold my credit score was 732 low-748 high I w...
Billy Rogers
Can anyone explain how they got their credit score over 800?
I'm curious to know especially how the last 20 or 30 points were obtained. If there was any advice you could pass along that would be useful to others. I have good credit in the 770s but I would like to get it over...