Hello everyone,I've been learning about real estate investing and considering buying my first property. My mom and and I are investing together, but even doing it this way we don't have the most attractive financial b...
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When applying for an investment loan, lenders typically want to see 2-4 years of landlording experience BEFORE including your rental income, as income. I completely understand why they so this. HOWEVER, if you own a t...
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Can you sell a 203k loan structured house before the construction is completed? As is? Can the bank apply the renovation funds to the Principal?We closed on the house Oct 31, 2018. Had very bad experiences with contra...
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I found the link and video below to be very cool. Although we aren't that close to the arctic circle in most parts of the US, the core idea still applies. This family built the home by themselves with the help of fami...
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It has been almost 4 weeks (only supposed to take 48 hours) since I passed and submitted my affidavit of completion in NY to get my RE Salesperson License. The DOS still has not processed the affidavit which means tha...
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We currently have an inquiry from a group of foreign students that are interested in renting our property for 4-5 months. They seem willing to provide a welcome letter from the university as well as proof of income so...
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Hello,I've purchased a strip-mall in at the end of 2014, I couldn't find a bank to lend me the money. I had to put 50% and get a private lender to close the deal. I've completely remodeled the property and brought new...
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BP,
I need you help.
Is it usual for a hard money lender to ask for a "uniform residential loan application" to be completed. It seems like a lot of information that does not apply to me ?
-Also will a seller give an...
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Has anyone ever applied for the line of credit they offer? Has anyone used it successfully? I have no problem paying the 10K fee if I am able to use the 1Mil.
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Hi there - Been thinking about ATX for some time now and I wanted to see if any one could dumb down the unrelated persons law for me in Austin, TX. Below is copy and pasted directly from the city site. SO - six people...