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Results (10000)
Neel Patel Lease Terms Offering Question
10 November 2022 | 14 replies

I recently acquired a 12 units apartment in Tennessee and self-managed since I want to get experience in management. I need to renew all my tenants' leases so I went ahead and served them a letter like what's at the b...

John Williams Talking to a lender
13 August 2018 | 5 replies

I recently talked to a lender about getting a mortgage for a foreclosure. I told him that I wanted to purchase the property, do some moderate rehabbing, and then resell the property.

He seemed confused that I wanted ...

Keleisha Carter What should I do next?
3 October 2019 | 8 replies

So I’ve read Rental Property Investing, Beginners Guide to Real Estate investing, found out what I need to do to get pre-approved, but what can I do next? I’m listening podcasts and about to start reading The Milliona...

Account Closed Leverage
6 June 2013 | 2 replies

I was wondering if anyone could give me a simple definition of what "leverage" is? I tried to google it, but I am still slightly confused. Any simple example would be great too!

Mat K. Letter Of Explanation
20 April 2018 | 5 replies

Good day to anyone reading this !

I'm a newbie looking at house hacking and currently got conditionally approved to purchase a 350K 4plex in the state of Texas .

However, the loan officer wants me to write a letter...

Ian Hutton Getting started lending questions.
6 June 2022 | 4 replies

Hey everyone first time with everything! Lol I’m looking into lending options for my situation, but I’m confused on we’re to start. 
I’m lookin into houses at are 175k and below however for a down payment I was plann...

Simon W. Real Estate Agent vs Real Estate Broker
8 February 2023 | 8 replies

Real estate professionals, let's clear up the confusion! A real estate agent is licensed to represent buyers and sellers in the sale of real estate. A broker, on the other hand, is a step above an agent and holds a hi...

Annette Barnett Limits on lending for multifamily - must purchase within 100 miles of my residence??
19 September 2023 | 10 replies

Hey community,I spoke to a lender yesterday and didn't totally understand what he meant.   He asked me what I currently own, which is a single family home, a duplex and a condo.  He said something about not being able...

NA NA Getting credit
24 October 2014 | 7 replies

Read somewhere about creating credit line but don't know which post is it The content is something like deposit some money in one bank borrow from them and deposit to another bank and borrow again creating more credit...

Nandish Desai DSCR Close as individual
20 July 2024 | 5 replies

My wife and I bought our first condo in our own names. We recently sold that condo to 1031 exchange. We had bought the condo with a conventional mortgage in our individual names. For 1031 exchange, we can't close the ...