We purchased a rehab flip home awhile ago and made a huge mistake not re-financing at the start to liquify our funds again. We also trusted a "friend" to work on it (paid), but he averaged 10 hrs/wk - had many excuse...
After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....
I'm going to be purchasing my first property soon and I'm currently shopping for a mortgage. What are the top or most important questions to ask a mortgage specialist? In addition, how many days can you get pre approv...
there are some places where i get inquiries for apartments, where 99% of the people have credit scores in the 500s, how do you go about this?
Hello Everyone,
My name is Mike, I’m out of Chicago and I'm completely new to the world of real estate investment. I first became interested in real estate after reading the book Rich Dad Poor Dad by Robert Kiyosaki...
Members looking for some help. I own my house free and clear want to use it to buy rentals and flips. I cant get banks to lend on it. A little background i lost my job in 2009 and have 3 derogatory marks on credit bec...
I have approx. 20% capital to purchase a $100,000 rental property in a desirable neighborhood, but I am in need of the other 80%. I am thinking about contacting a private money lender. Is this a good idea for a new re...
Hello, It seems like the HELOC regulations in Texas are much tighter than many other states. I have one investment property HELOC with Wells Fargo, but they only provided 50% LTV. Is there another lender that can pr...
Hi BP,Maybe we chalk it up to the "cost of doing business" when applying for loans with multiple lenders to find the best deals on financing, but what are some rules of thumb to try to avoid getting multiple hits to y...
Investment Info:
Single-family residence buy & hold investment in Landover Hills.
Purchase price: $108,000
House-hacked first home after purchasing a second home. Tenant occupied continuously since ...