Connie Stainbrook
Question on non-performing notes and foreclosure.
I have a couple of questions on the topic of non-performing notes. I have read that if I own a note that is not performing and I have foreclosed on the property. That I now have a choice to keep the property in my ...
Jason Risley
Looking for a HELOC! Need common-sense underwriting!
My primary residence is worth between $775K and $800K. I'm a realtor so that value should be very close to accurate. I have a first loan at $384K and I'm looking to get a HELOC (home equity line of credit) for between...
Bienes Raices
Making a loan to an LLC
What would be the rationale for making a loan with a promissary note from your personal name to your LLC instead of just making a capital contribution? Is there some tax advantage to doing that? It seems simpler to j...
Scott Kwiatkowski
Advice on my thought process for starting my real estate process.
I am in the military, and my wife and I will be moving at the end of this year somewhere to the East coast. We will have about 75k saved by that time and in a couple years should be close to around 150k. We are from L...
Nilay Shah
My first invesment Property - Analysis needed
Been reading this forum for a while and am excited to finally make my first post. I recentlty purchased my first investment property. I closed on 10/15. It is a 2bedroom, 2 bath condo in a nice community - Wanted y...
Henry Clark
Clarkstoragellc- Completed 2021 year end wrap up
We have had three primary CRE project types this year. Our normal Self Storage, House Subdivision and Teak Plantation projects.1. CBRR location- we have this new location completed. Waiting on City Occupancy inspec...
Kelvin K.
Maintaining 720+ Credit Score for 5-10 Fannie Mae
As most of you know, one of the Fannie Mae requirements for financing properties 5 to 10 is that you need a credit score of at least 720.
The trouble I am running into, is that the more properties I purchase the lowe...
Rick Day
Rental, flip, or primary? What's your opinion?
I think I know the answer but thought I'd see what others thought/suggest...I am renting my previous home in another state and living in apt now. My issue is I'm ready to buy a flip, rental, or rehab/rental, but I'm g...
Karsen Kelsey
First Time Homeowners Loan & Figuring this ish out
Hey my name is Karsen and I’m 22, I recently moved to Homestead Florida. I’ve been think of using rental properties as a form of income for a while now and I’m very blessed to have moved to a growing market due to the...
Jason Merchey
Fix & Flip Profit Split Advice
Question for ya. I'm trying to be the equity partner on a fix and flip joint venture with two guys. They are both, apparently, shit-hot at what they do. The first person is ostensibly great at finding and analyzing de...