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First post, I hope I'm following the rules and I appreciate your help. I bought a duplex in September. One of the sides was vacant and in need of renovation and I had a builder do this in October and November. While s...
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The completion of my first rehab is 3 weeks away. I have my rent set but I am still unsure of how much I should charge for a Security Deposit. I have seen different takes on this. First and last months rent. First and...
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I’m searching for alternatives landers for Visio, they are great but I need other options to finance my single family properties as I grow my portfolio. I’ve found many landers are charging high fees on top of 2% orig...
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Hello,
Our first tenant is moving out early next week and I have had a chance to walk the property and have noted several damages. I have scheduled a contractor come assess how much the repairs would cost but wante...
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I am a construction manager and also a newbie investor looking for flipping opportunities in the south bay or east bay area and the investors who also have interest in flipping as well. Since I have a full-time job an...
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What kind of rates are investors getting from private lenders? What's the holding period? Are the payments interest only?
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HI guys, I just graduated college about a year and a half ago and I spent the last year or so paying off my students loans.I finally got it all paid off and I am starting to save some money. I have about 5-10K to use ...
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Article by Joanne Scoratow
May the REAL lenders step forward please.
The number one question I get asked by a new mortgage broker is, are you a direct lender? This is an intrinsically important question that ...
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My tenant wants a roommate which is OK with me. She picked out someone and I sent him a request for a background and credit check via Cozy. He asked me to reimburse him the cost of the checks. I told him I wouldn't do...
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Here is a healthy modern day brainbuster. I am currently underwriting the following play -Currently a 25-50 unit multi-family. Primetime location. No shortage of traffic. Renovated each unitConvert to full-time Airbnb...