Hey everyone, Seth Baumgartner here. I work a demanding job with SpaceX that requires long hours and frequent travel. While I'm passionate about real estate investing, balancing it with my day job can be a challenge. ...

Started LLC in Nov 222 member unrelated LLC deposited 24k into business bank account and 12/1/22 bought first property and year end balance is $2402  ( all expense were downpayment which included closing costs and ban...

Has anyone worked with a lender who has successfully used Fannie Mae's 5-10 program in California or else where. 

Hi everyone, I'm trying to make a final decision on a HELOC lender in the next day or so here. A local credit union has an option to go up to 100% LTV (up to a $400,000 limit), but hey require you to pay 1% of the bal...

How do you guys keep track of your portfolio financials? Cash flow per unit, how much is left on mortgage per unit, etc. Lay everything out in Excel or do you use an app? 

I have multiple investment properties and living in a SFR. I am wanting to buy another house to owner occupy and turn my current house into a rental. What are the reserve requirements for a conventional loan with Fann...

Ok, I have a possible flip but do not know how to evaluate what to offer to pay for the house? What is the payoff on the reverse mortgage taken in 2014 in the amount of $112,500.00. The present ARV of the house is 140...

In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...

One of the things I keep hearing regarding commercial loans is that lenders typically want your (the borrower) to have a net worth that exceeds the amount of the loan. Is this something that investors are getting a pa...

Greetings!

Scenario:

Bank A holds my mortgage with a 2.875% interest rate. My mortgage has private mortgage insurance (PMI) on it with a monthly charge of $91. My current LTV is approx. 45%.

Bank B holds my HELOC w...