Kathy R.
Not approve due to low income
Hello everyone,I’ve been doing my research on and off. As I would like to purchase my first property to rent. However, I make 25k and was denied a 235k loan 🤭. I’m looking for a second job at the moment as a customer ...
Nicholas Baker Wood
How I turned $10,000 into $90,000 in 30 days!
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $321,000
Cash invested: $8,500
I assisted an investor in purchasing the next-door 8 unit building for an extr...
Devin DiManno
Tips for Raising Capital
Hi Everyone,
I recently bought my first piece of property 2 years ago (3BD, 2B, 1300 SF) by putting down 10% ($60,000.00). I am looking to refi once the rates drop to bring my P&I down and hopefully eliminate the...
Michael Guzik
Where to get a house hack loan?
Howdy guys I am looking to take down my first house hack deal here in San Antonio. My question is should I use a local bank or some other bank/lender that you see on redfin and zillow? I was using a company called fai...
Erin Lytwyn
Advise needed! Heloc vs conventional loan
Hello all,We are looking to purchase an investment property.We are wondering what the best method of financing is so I thought I would crowdsource some info:Conventional: We wont need the loan until October as it is a...
Vlad Bird
Avoiding Canadian RE Crash - Small town student rentals?
Hello all,
I am a real estate investor who has
been investing primarily in GTA multi-family over the last decade.
Recently, with inflation skyrocketing and mortgage rates bringing
correction to the over-valued ...
Chris Seveney
My Top 5 - 2024 Predictions in Mortgage Note / Lending Space
Every year I like to provide some predictions on what I think will occur in the upcoming year as it relates to seller financing, mortgage note investing and the like. So here are my predictions, feel free to offer up ...
Tyler Lingle
Where do you see things going this winter in the market?
Recently, I ran into this infographic. Very interesting predictions from Fannie, Wells and the MBA. If the forecasts are accurate, we are around the corner from another hot market with rates set to drop almost two per...
Brent Byers
Interest Rate Hike in Canada
Did you know....As of Jan 1st - the Gov't has forced on ALL lenders/banks in Canada - when approving a Borrower, they must pass a stress test at a Higher Int Rate (2% higher than approved) before getting the $$. Esse...
Andrew McGuire
East Valley Homes Prices Down and Inventory Up
We saw many indicators in the August data that shows the housing market in the East Valley is softening. Prices are down seeing a significant drop of 3%, the largest drop in a single month in over a year. Prices have ...