Bret Middlekauff
Do lenders consider income that is not based on a W2
So I am looking for a mortgage. I currently have great credit, plenty of savings, and more than enough regular income to leverage this loan, however half of my income is from a 1099. I spoke with a lender and they wou...
Jaimin Patel
Tenant not paying since purchase date
First-time poster and long long-time reader. Appreciate everyone's efforts in helping others!
QUESTION: I purchased a home in November 2020 from the seller that showed the tenant was there for 2 years and paying on ...
Teddy Johnson
MM LLC Conv. Financing through Members
Hello,I've been a long time lurker and finally have decided to join the forum.As we are doing conventional financing through members of the LLC I was thinking about financing and placing the property into a Trust and ...
Dave Holland
Insurance requirement from bank
I'm getting conventional financing on a 4 unit property with a purchase price of $130k. The appraisal came back with a rebuild cost of $428k and my bank says my insurance must be for at least 80% of this cost.
I was...
Cedric Braggs
Keys To A Successful Open House!!!
I want to know he ins and out of open houses!! Should I work my own open house?? What should I have available at the open house??? Should I put out signs??? Should I let another agent work it? Should I pay the agent ...
Emily Lopez
Difficulty in finding a broker to allow you to work part time?
Hi all,I have been a buy and hold investor for a handful of years now. I recently passed the real estate license examination. I would like to continue my 8-5 to keep that steady income stream to continue to accumula...
Pete T.
hotels and motels
I am looking to expand my knowledge, but never see anything on the site about hotels or motels. If anyone on here can point out some of the pros and cons or good places to learn more, it would be greatly appreciated.
Karen Mathieu
Tenant Applicants
We have received seven applications for a new rental house we bought. Three of them seem equally strong on paper but one family stands out to us. How do we decline the other applicants without getting into any legal t...
Adam Jaken
Is any one buying in Las Vegas??
Hi guys and a happy Sunday to you all!
I was wondering if investors are still buying homes here in LV?
Markese Williams
Ways to establish credit for new business LLC.
I'm about to start my first LLC in Illinois. Any tips on establishing business credit conventionally and creatively will be great. Any info on trusting HML's will be greatly appreciated also. Thanks BP Family.