Yvette B.
Basic, BASIC questions for REO investing
Hi there,
I've read all about what types of offers to make to banks for REOs, but I have questions on the most basic aspects of the offers:
1. HOW do you make an offer specifically? Do you call the listing agent an...
Westin Hudnall
Would You Rent To Them ? Need advice quick !
Rental amount $1175/month with $1000 depositClients Financials : Husband - $2500/month before taxWife - $355/month in child support. Stay at home mom (they have 3 kids. Age 2, 6, and 8)They own 2 vehicles (07 Chrysler...
Thomas Loggins
General question regarding 506b/506c passive investment platforms
Like any investor "wanna-be", I read a lot and listen to podcasts of syndicators and sponsors (GPs, I assume) who pool capital from passive investors to target value-add multifamily opportunities.
While I have signi...
Christopher Albritton
What is a Seller Carryback?
As I understand it a bank will loan 80% to the investor directly, and then the seller takes out a 20% loan to finish off the remaining amount the investor couldn't muster up. Is this correct, and if so how would th...
Ben D.
New investor - Opinion on plan for getting started
Hello everyone,New investor here based out of the Portland, OR area. I've been listening to the BP podcasts and reading up on the forums for the past couple of months and have decided to move into real estate investin...
Robert DeForge
Property owner won't show inside of home without full price offer
Ok.. call me crazy, but what does your spidey senses tell you?? Called on a property that I'm interested in. 2/2 MFR, $100k, pulling $700 each side. Looks like a C area. But, with some freshening up I think it could b...
Robert Hastings
rental properties messing with my DTI
i purchased my primary home with my wife about 5 years ago. since i purchased my primary, i have also purchased close to 5 pieces of rental properties. three are in my name personally and my llc owns 2 of them. my ...
Mark Werner
Overwhelmed with applicants
Hello all. I am curious to know from the long time, experienced landlords, how do you approach a situation with numerous applicants or potential applicants? I am new and still learning, and especially learning a lot f...
Bob H.
Would you approve an applicant with a big advance rent payment?
What do you think of this rental applicant?Cons: A bankruptcy "less than a year old" (I'm not sure if that's since filing or since discharge), no recent rental history because he was a homeowner, a new wife from his n...
Tim Melin
Thoughts on DSCR Loans
Any experience with DSCR funding. Looking for the pro/cons for a new investor