I have a colleague I've known many years who has a number of defaulted California 2nd trust deeds Fact is they were cash out 2nd mortgages on investment properties,,they turned into bad deals ,borrowers went thru fore...
Hello! I am trying to find some assistance from someone who has worked with Freedom Financial. I have a client in a desperate situation on a fix and flip property. If anyone has any insight fell free to pitch in.Long ...
I am 23 years old and I would like to invest in real estate. I am not a homeowner but I do have good credit. I am thinking about buying a multifamily home in order to collect additional income from rent. I plan I s...
I've applied for a sub40K mortgage and my credit union is asking for a list of assets available such as a retirement account or accounts with other financial institutions. They have hinted that they may not be able t...
Has anyone ever done two separate deals at the same time? When I've closed deals before using conventional financing the loan officer tells you not to open any new lines of credit, vehicle purchases, new mortgages, et...
Guys, I've been hearing/reading people are having trouble financing their short-term/airbnb rentals because the banks will not use the income due to inconsistency. Now maybe I am oversimplifying this but IF and ONLY I...
Hello my name is Myrtle B. I live in metro Atlanta Ga. I had my Re. lic. for over 20 years active. I have never done realestate full time.I had young children and my forcus was on my family .4 months ago I went inacti...
What are the pros and cons to pulling out a line of credit on a building versus refinancing? Wouldn't refinancing be more beneficial since you can individually pocket some of the funds tax free? I am aware that refina...
So I have a credit score of 715 I claim on my taxes 72,000 a year. I have no judgement and pay all my bills on time every month. But I cant cash out refi 3 houses to save my life. I bought 4 houses this year 1 is fre...
I keep reading these forums on here and I feel like Im doing it all wrong. I run a small business so my real estate investing is done more as a supplement than as an income. I have 6 properties and paid cash for all o...