So I contacted a couple HML's and one of them indicated that they require you to pay the rehab costs upfront, per a draw schedule and % of completion, they will inspect and approve and reimburse. Do all HML's have th...
Good afternoon! I am working with a realtor on some property opportunities and she has me set up in the MLS. But I also scour craigslist and some other FSBO sites for properties that might not appear on MLS. Does my r...
I am applying for a HELOC and would like to register the loan with an LLC in Pennsylvania. Can I apply for the HELOC now and then obtain an LLC in the next week or so? Any suggestions on the easiest/cost effective wa...
I have the opportunity to buy a duplex in a neighborhood where 90% of the other properties are owned by the same landlord. Their properties are ok for now, but my concern is that this landlord could get lazy with upke...
SEC published new guidelines for definition of an accredited investorhttps://www.sec.gov/news/press-release/2020-191
2 properties need alot of work . They are under contract for 18k combined. estimated repairs are around 30K. total value of the houses are 67k. would it be wise to hold or just find a cash buyer? I have never delt wit...
I'm looking to network with HML local to me but I'm not sure how to go about it. I've done the meet up groups but not many of them attend. Should I write a few asking for informal meetings? Should I pitch myself...
Hi everyone! I am a new investor and moving to Columbus. I was wondering if anyone could give me an idea of what the market is like. Is it wholesaler friendly?
Hi all,
I'm seeking advice as I'm looking for 15 year terms on any/all of my rentals:
The first two have a remaining loan balance of $77k & $70k @ 5.25%
Then another three ranging: $68k, $84k & $94k @ 4%In...
Hello everyone, I plan on getting started investing in the beginning of '19. One question I have is what is the process for qualifying for out-of-state mortgages? Best to still use a local lender? Thank you very much...