Randall Re II
DSCR loans and what to do
As a real estate investor seeking a Debt Service Coverage Ratio (DSCR) loan, you should reach out to multiple commercial lenders such as banks, credit unions, and alternative lenders. It's recommended to compare the r...
Dulce Davis
Opinions on Blanket Mortgages
I hear that it's hard to find someone in Texas who will do blanket mortgages. Another lender who is also an investor, says its really not allowed in our area but she knows it happens. What are y'alls opinions on blank...
Austin Bull
Gaps in employment: Securing Loan
I'm looking to make my first property purchase. I've been reading that most mortgage lenders require a 2-year history of employment. Does that mean in the last 24 months from now? Or the last two complete W-2 years? I...
Todd Fry
Small Mobile Home Park Financing
I own a unique mobile home park in South Carolina that's relatively small (5 acres) comprised of 12 lots (I own 8 of the homes while the other 4 are owner-occupied and charged lot rent) along with a house (3 units). ...
Christian Requejo
Pros and Cons between HELOC and Bank Construction loan for New home construction
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Nagesh Kakarlamudi
Using 1031 selling multiple properties and buying one property
I am selling 4 small properties and buying a single multi family and using 1031 exchange. The total funds from sale of relinquished properties combined is approximately $400k and purchase price of the replacement is $...
Joseph Michael
Tax reform strategy/structuring
Hi all,
Just wanted to get some advice on adapting with the new tax reform. How will this affect investors? Will investors need to get creative in regards to creating multiple entities?
Matt Granquist
Evicting Squatters During COVID moratorium
Hello - Has anyone had any luck evicting squatters during this moratorium in WA or know of an attorney that would help? We've got a situation in Lakewood WA where we have squatters who claim to have an agreement with...
Alyson Anderson
Work from home schedule
Recently with covid I have struggled to find a consistent schedule for real estate. My husband works a w2 job which hours very and we have 2 babies under 2. We have chosen to keep our children home from daycare and l...
Walmsley Gedeon
Should you always ask for Concessions?
When making an offer if the seller counters with a price with no concession is it smarter to offer a higher price to include concession? I rather just put my down payment down and that's it. What are your thoughts? I'...