Alex Capozzolo
ATTENTION NEWBIES
ATTENTION NEWBIES:Hi! I’m Alex and I am one of you. After soaking in as much knowledge as possible this past year, my portfolio is still 0 but I am overly anxious to take action. I am looking for fellow beginners who ...
Erik Reichertz
financing 5 unit properties, how different than 2-4 units?
Looking to buy my first rental property. Have around 80k or so I can utilize for a down payment. I've mostly looked at 4 unit or less properties. I have seen a couple 5 and 6 unit properties that have sparked my int...
John C.
Rental demand up dramatically
In our neck of the woods (Metro Atlanta) rental demand is through the roof. We have a waiting list and cannot answer the phone fast enough. Upward pressures on rents have enabled us to send out "rental increase" le...
Bryan Hancock
Why Do Banks Want "A Relationship" If They Want To Reduce Concentration Risk?
I recently read a piece by a popular author that observes real estate investors are gypsies when it comes to getting loans. They generally roam from lender to lender to get the best deal at the time for their situati...
Jack B.
Tap rental portfolio equity and reinvest?
I can get a total of 200K out of my rentals right now. With cash on hand I'd have about 300K to invest when the opportunity arises. This would finally put the equity in my King County, WA area houses to good use. Thin...
Corbin Jones
Deed transfer - will it hurt my credit?
Hello, I have a piece of land in Arkansas on a mortgage and a home in wisconsin that’s on a mortgage, both through banks. If I quit claim these out of my personal name into an LLC, will this hurt my credit by closing ...
Andrew Jones
6plex under contract. What documentation should I ask from owner?
Hello BP,
Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...
Johnny Quilenderino
Where do bad credit tenants go to rent?
I have a new client that is looking to rent, but has horrible credit. He had a major medical issue, he survived (his credit, did not), and now is making decent money on track to make 120k annually. Where do we send cl...
Michael Key
What do you as a private lender want to see from me?
HiQuick background; my wife @JorDanee Key and I are working on closing on our first investment property. We plan on using a conventional mortgage for our second property as well.After this, we are strongly considering...
Eric F.
What do I need to look at when it comes to moving a doublewide?
A lady called me with a doublewide she wants to sell once her house is done being built. I looked at the home and it is in excellent shape. However, I am not sure what I need to do to see about moving it. I looked und...