What was 5 years to collect is now 1 year. Does that include the statute of limitations for foreclosure filings? See this LINK about a foreclosure missed the 5 year deadline. Is this now 1 year?
Does this ...
Hello Everyone, I'm hoping to get perspectives and suggestions on if I'm taking the correct approach to FINALLY beginning my REI journey. Or even someone to play devil's advocate and challenge me on something I may no...
I own a house completely paid off and I wanna use the equity to fund my next property. I’m not sure whether to use a HELOC, home equity loan, or a cash out refinance. I thought a HELOC would be the best path but I wa...
HI ALL I am currently reading a book on real estate investing and just have a quick question on understanding some concepts. The Author stated that you could obtain 100% financing if it appraised well above what you h...
I have been aware of the 10 mortgage limit on conventional financing as we moved towards it. We have 9 currently and one HELOC on our personal residence (no mortgage on residence). I previously understood that the 10 ...
Ive been a REI over 20yrs and primarily focused on low income housing, 70% plus of our 300 unit portfolio are section 8 tenants. During this pandemic our collections have been well over 95% even with our cash paying ...
My wife and I live in our triplex in Los Angeles that recently appraised for $900k (would sell for 1.2-1.3M, but low appraisals for multifamily are typical in our gentrifying area). We have a loan balance of $430K, 3...
I have a worker that worked a fair share of hours for me while i was building one of my houses. I originally offered him a cash hourly wage or a 1099 wage. At the time he wanted the cash wage, but now he is saying wou...
Ok so after a few months of collecting cash payments i've grown weary of chasing down the tenants of my duplex for their monthly payments. To that end i've recently opened a bank account that i was going to use to hav...
Hello all, An applicant has explained that she has no credit (not bad credit), she and her husband started a business 6 months ago so they don't have tax returns. I'm trying to figure out what to do with this since I...