Brock Norton
What is the difference between a broker and bank when it comes to
What is the difference between a broker and bank when it comes to financing?
Gabe Viteri
Househack: do you calculate the lack of a mortgage into your ROI?
Hi all, First steps out of the gate here, and I just wanted to get some input from the folks here that have been doing this for awhile.I came across BP too late in the game and had already purchased a SFR. I now want ...
Jerry Bankhead
What the heck is a Covid-19 Overlay Guideline ??
I am missing something here. I am new to real estate investing, and do not completely understand all the ways a rental property can be financed. I am selling a duplex in Waco, Tx. The buyer and I signed a contract bac...
Max Do
Progressive Corporate Banking
We own a few properties in NJ and PA. Mostly multi-family in re-gentrified and established neighborhoods. We have had a business banking relationship with a regional bank for going on 4 years. We self finance so o...
Trent Davidson
BRRRR a Mobile Home?
Help?! Looking at a property in a tourist/STR destination. The property has an old but in decent condition Single Wide Manufactured home (does need some updating) with land included (not a mobile home park). I hoped t...
Account Closed
Property Management Termination
I terminated PM on 12/26/20 for unit B and gave a 1 month notice per lease agreement. It is now 1/20/20 and i have not received tenants rental deposit and last month of rent (normally owner draw is deposited on the 7t...
Sean Huff
Best way for newbie to get financing?
I am completely new at real estate investing. One of my biggest questions is financing. What is the best way for a newbie like me to get financing for short-term deals (like rehab flips, wholesale flips) as well as ...
Dave S.
100% Seller Financed Deal - What to expect with Tax time
So I am closing on my first 100% seller financed deal tomorrow and would like to understand how to handle the payments, especially for tracking purposes come tax time. Obviously I can send them a check every month but...
Carl Gryska
Private Lending Terms
How does one go about being a private money lender?Is there a standard contract available?What are the standard interest rates?Does one charge points?How long is a private money loan typically offered for?What is the ...
Teri M.
Wholesaling Notes
I've been reading the forums and i also am interested in non performing notes. They say u have to get a mortgage broker's license to do business legally but cant u just wholesale the note just as you would the propert...