As a few of you know, I'm working on getting my rental operation off the ground. I have an idea I want to bounce off you regarding loans for rental properties.
I will be forming at least one LLC to run this operatio...
Hi,
My local bank said they will not refinance a BRRRR without me leaving 20% hard money in the property even if my improvements increase the assessed value by more than 20%. Seems to paralyze the BRRRR method.Can an...
Hi,
I might be interested in buying foreclosure in near community. the thing is that I can get title search done prior to buying that.
however, I possibly know that previous owner has 1/2 year of his dues outstandi...
Had a few thoughts about using equity to reinvest.
1) Is it a good idea to reinvest equity from one property to purchase another? Generally I see this as getting your money (equity) to work harder.
2) Is there a ...
REO property listed at 112k. Place needs some work, nothing too major.
Working directly with seller's agent.
House has been on the mark...
Has anyone ever refinanced and had the bank pay off the wrong mortgage?
I had two mortgages with Countryside which became Nationstar. One is a rental townhouse and the other is my personal residence. I wanted...
Hi everyone,I just recently had an offer accepted on a property 2912 E Linwood Blvd, Kansas City. It is a sixplex. Three out of the six units are rented because the building has just been completely renovated. The ren...
Hello everyone!Okay, I have a question I’m open to hear opinions. So this is my 2nd official year owning my investment business. The first year I did mostly flips. I have my tax returns from that year where I hardly w...
We are getting our first commercial loan on a property to initially rent out. It is zoned single family but there are 2 dwellings. We intend on renting both units out for minimum of 1 year before we move into one of...
So I was wondering how is someone like myself who's sole income is based on 1099 is able to qualify for a loan? Most of my income from the past 5 years come from my Network Marketing/Home Based business which is a dou...