I'm actually a banker and had a trust attorney stump me yesterday. He asked why banks do not lend anymore to irrevocable trusts and I knew the answer was "no" (at least at the ones I've worked for) but didn't really k...
So I feel that I'm truly ready to start house hunting (duplex - triplex, looking to house hack). I have a little over $12,000 cash saved, got my credit score in the high 700s, and my credit card is pretty much paid of...
Hello, long time lurker here. Wanted to seek some advise on how some folks with 8-5 jobs have scaled their real estate property acquisition. I currently own 3 SFH’s and under contract to close on a new build duplex ...
I would be very interested to hear some thoughts on investing in REO properties from the bank. Seems like a good source for properties, but what are some of the positives/ negatives. Are there ways of doing this witho...
Hello BP! I had two questions regarding a newly listed duplex in Philly. Thanks.1. It's a turnkey completely newly renovated duplex. I was on L&I and saw that no permits were pulled for renovation/construction. Th...
Hello, everyone, I'm trying to figure out how insurance brokers function in California. Here is a description of the types of insurance producers in California from the department of insurance website. The following a...
Does anyone have any experience with 11 Capital Finance? We are looking to finance a multi family acquisition and we just became acquainted with them. It's a small, 16 unit deal in Wisconsin.Thanks,Peter
I am a novice with the commercial lending side of things but saying I have:1. 25% down payment2. Credit (From what I read this is not as important)3. History of being a landlordWhat am I going to need extra? Money lef...
I am in the process of purchasing a SFH that has tenets in place (for years), but not in possession of a contract and have not paid their former landlord for a long time.I was going to speak to them and even pay them ...
A little about my...I'm 36, married with children, active duty soldier and expect to retire from the military in 3 yrs. My RE experience is limited but I've been poking around for yrs. I purchased my 3rd home 2 yrs ...