Charles Player
Can a portfolio loan help me?
I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
John Dorma
Right metric to use for underwriting
Hello,When I underwrite deals and analyze the expenses, I have problems to see what could be out of order (besides property taxes around 2% in Florida and management fee 3-5%). Since the deals also vary in size (100-4...
Brian Christensen
Question for experienced cash investors....
When a wholesaler is presenting a deal to you...how much equity do you generally like there to be? (in the cents on a dollar comparison)
Or in other words...what is a good equity evaluation for you?
25c on the $1.0...
Austen Carroll
Oregon BRRRR, looking to chat with people about potential areas
No Experience with BRRRR.I'm active duty military so I've bought and sold a few props with the moving from base to base. I traditionally financed a REI rental in Salem (which I still hold).I'm out of state, living in ...
Jakub Vidimlic
Does anyone invest in Northern Ontario (I.e. Timmins)
Basically title. Seeing prices are ridiculously low up there and just wondering if anyone has any rentals up there, and if you do, how is the cash flow?
Daniel Adika
Fix & Flip in Nashville
Hello,i want to start fix & flip in Nashville TN, arv about 170k.which neighborhoods are good for it, is the strategy appropriate for the region and the price range?Thank you, Daniel.
Bob Malecki
Fannie Mae Offers Largest Delinquent Loan Sale to Date $1.24B
Here is a recent announcement about Fannie Mae selling off another large pool of NPLs:The NPL offering announced Tuesday (FNMA 2016-NPL1) includes 6,700 loans totaling $1.35 billion in aggregate unpaid principal balan...
James Gathings
New Aspiring Investor looking for connections/advice
Hey everyone! I've been listening to the podcast and I decided to grab a copy of Rental Property Investing and Managing Rental Properties by Brandon Turner. I've been reading the Rental Property Investment book and I'...
Dan Tripp
Fannie/Freddie changes coming?
I was in a meeting w Banker this afternoon and she informed me that Fannie/Freddie were going to be limit their percentage of rental properties in their portfolio to 7% starting in the next several weeks. If this is c...
Nick S.
Loans "recalled"
Good afternoon, I applied for loans at a lending institution about 1 year ago. They were unable to sell the loans due to an underwriter overlooking certain aspects of the loan. That underwriter was fired after they pr...