Residential lending standards have come a LONG way since the 2008 GREAT recession. It is much harder to qualify for a mortgage today than it was before the 2008 recession. Today 95% + of loans qualify show income in...
The scenario is the following:as a private lender, I have a 1st lien on a property (in washington dc) to a borrower who is an LLC - and unable to make payments. I am going thru the non-judicial foreclosure process to...
Hey everyone!Should I try getting pre-approved through a bank for a rental property? I don't have cash on hand, but I do have access to people willing to lend money for a percentage of course. I was thinking I could t...
I’ve been evaluating and trying to purchase a 4 family in a smaller town about 45 minutes from my house (15 minutes from my office).Here are the #’s: (4) 1 bed units, approx. 1000 sq ft each.Market rents are $400 easy...
So lenders have have ceased renovations loan, how long does everyone anticipate this goes on for? Can anyone speak to their experience during the 2007-08 market?
I definitely want to make good progress this year. What can I say, I've been bit by the real estate bug and it's addicting! Here's what I'm planning to do to reach my goals (save downpayment for #3, maybe #4 if I'm lu...
Anyone know if I can sell the right to my rental cashflow. Say I am earning $1000 a month from a tenant on a 1 year lease. Can I sell the cashflow to anyone for a bit less than $12000?
Seeking properties in the 5-20 unit range and would love your referrals to a multifamily real estate broker or two who operates in the A and B locations of Phoenix, Scottsdale, Tempe, Mesa. Thanks in advance!
Aloha, we closed on our first flip and did very well (70k profit). But BP podcasts, headlines about successful real estate investors and just about everyone I talk to says- building a rental portfolio is the road to ...
Hi everyone this is my first question ever .
Im a full time employee part time investor but I'm in a dilemma I have 2 rental properties with less than 35k owe in each thru mortgage lender . In a few weeks I'm goin t...