I Am trying to buy a house through my LLC. The credit union said I have to use a comercial loan which will be a 30 year loan but the interest will be fixed for 5 years. The interest will adjust every 5 years throughou...

Hello everyone, I’m looking for properties where the owner can seller finance with a 10% down payment, paid through a HML. Would it be advisable to stick with just one property until the HML is paid off or should I us...

Is anyone familiar with apps or websites that automatically generate comps (comparable listings) for houses? My problem is time. It can take an agent a few days to come up with comps and the "report" is not the most u...

Hi,

I maxed out on my Fannie loans so I have been searching for portfolio lenders. I found one that lends at the following terms:

Interest Rate: 5-year FHLB + 3.00%, floor or 5.95%
Adjusts every 5...

What is the difference between adjusted home value and estimated home value? Does adjusted home value bring you anywhere close to an accurate value of the home?

what explicit assignment language should i include in the purchase and sale or assignment of contract to protect and/or release me in case the deal falls through on either end. And is this called an "exit strategy" ?

Ok, I know this question has been asked 500 times, 500 different ways, but it still seems clear as mud. Quite possibly the most confusing part of the business to me. What software should we use that has management cap...

Hello again BP,I'm looking at a duplex in a suburb of Chicago as both my primary residence and my first home, live in one unit while I rent out the other. I'm looking at an FHA loan to get this going because I don't h...

What month is the best to raise rents? Is any month better than others in case of a move out?

Thanks for any help...

Mike

Do you have your tenants renew on a monthly basis, or do you do leases? If you do leases, for how long? 3 months, 6 months, 12 months, 36 months? Why did you choose what you choose and have you considered changing?Tha...