YiBing T.
2018 Home Equity Loan VS Portfolio Lending
Hello all, I have two properties in Baltimore MD that I am trying to do cash out refi so that I can purchase another rental property. The two properties are valued at around 75k and 65k with no mortgages on it. I have...
Daniel H.
Rent Collection - No Bank Account
Most of my tenants do not have bank accounts and send their rent payments with money orders each month. Are there any services I could use besides money orders and mail to get the rent from these people?
I checked...
Bob Malecki
Report Concludes Dodd-Frank Has Adversely Affected Main Street
Well, duh! I love the "too small to succeed" comment in this article: http://www.dsnews.com/news/01-11-2016/new-reports-conclude-dodd-frank-has-adversely-affected-main-streetThe Dallas Fed report concluded that many c...
Brandon Sturgill
Getting to 10 Mortgaged Properties
Why does my lender claim they can only loan 4 mortgages? Where does the 10 mortgage limit come from? And are there LTV restrictions (75%LTV?)...
Jaime Paniagua
What to do with your money while saving for a down payment?
Hey,In the process of saving money for a down payment on my first rental property. It would be nice to obtain some type of return while saving. I feel like I am missing out on opportunity cost. Parking the money in a ...
Danny Day
Who Handles Your Short Sales?
I know there are companies out there who handle the transaction coordination for short sales.
Who do you use? What do they charge? Who pays this fee?
Thanks in advance
Danny
Emily Allen
Do portfolio lenders provide long term fixed rates for commercial properties?
Hello! Can someone please tell me if it's possible to find portfolio lenders who offer long term fixed rates for commercial properties (specifically, apartments)? I am in Atlanta, GA and I have called 20+ local banks....
Matt T.
REO under contract: Fire Before Close
Good Morning! I have an REO SFR under contract as of seven days ago. Yesterday I learned a detached single car garage caught fire and burnt to the ground. In the process it did some serious damage to a neighbor's d...
Thomas Weiss
Bank account set up for 2 partners while doing real estate
Hello everyone, so my business partner and I are moving into real estate. Mainly buy and hold with some flips mixed in for extra operating revenue. My question is how should we set up our bank/credit accounts to be th...
James Wright
Personal guarantee financing question
I posted this in the multifamily forum, but probably should have started the discussion here. since it is a financing question. I have been investing for the last two years. flips and rentals. I have 47 units. I am...