What do banks look for? Are there any loan officers/underwriters here that can chime in?

Here is what I know. I believe that loan officers make about 1% on loan amount. So, they are always looking for solid invest...

hi all, I just acquired a 16 unit. They are all 1 x1. No laundry hookup. I have space to build. Has anyone added a coin OP laundry building? If so how big, cost to build, cost to operate and is it worth it or profits?...

Hi BP,I bought a townhouse as my primary residence in 2006. Moved out in 2011 and converted it to a rental unit which I recently sold in 2015. My question is about how to treat the loss for tax purposes. I have a CPA ...

We recently bought a house that was built in 1950 and remodeled in the 70s for 78k cash.  The market value for a house this size in this neighborhood that has been improved is around 135k and it needed about 4k for ba...

New member here with some questions!My brother and I are looking into buying a 6plex under a LLC with a 5 year balloon mortgage amortized over 20 years. The loan will require 15% down with 85% financed. I will be prov...

Hi,
I just found this fantastic forum while surfing for info. For the last three years I've owned multiple rental properties in an undesirable area in California with good cash flow. Because of the nature of the are...

I just closed on a new home in Windsor CA that I will be furnishing and then converting to an STR. It has a big pool which was the main draw of the house but as a first-time pool owner, I'm just learning about the sev...

Which do you do first...the background check or the application? I an using TransUnion My Smart Move, but folks seem reluctant to fill out their personal information...should I have them complete the application first...

I have always loved real estate investing. I've studied it off an on for a few years. After some very traumatic experiences last year I figured it was time to get my feet wet.
I probably looked at over 60 houses &am...

My lender sent me the itemized monthly mortgage payments I'll be making. Along with the principle and interest are two items I had questions about:1) Hazard Insurance - does this go away once I'm covered by my own lan...