All, I asked a banker the other day what terms I could get on a hypothetical 8 unit deal, ~500,000 purchase price w/ 25% down. He said I would be in the 5.25%, 5 year term range and the loan would be conforming. This ...
A true buyer has established relationships with there sources. NPN AND REO either sfr, th, and condos via npn spl and or REO in bulk is ONLY advantageous if you have a custodian to board the assets. A service company ...
First let me say that this site is by far the best thing I could have done to learn investing practices. Thanks to all for the very informative content.
I am particularly interested in learning wholesaling for my sho...
I don't have an LLC yet but a great deal for a rehab has come up and I don't want to miss out...
Hi all,I currently have a rental property loan with a local bank and I have been paying it for about 2 years without any problems. I just received a letter from the bank requesting last year's tax returns, personal f...
Hi guys,
I'm a beginning Real Estate investor. We've got our first investment property, and are planning our second. Once we have our second we'll have enough liquid capital for 25% down on our third, but I'm not sur...
Greetings everyone!We have a borrower with HELOC on hands and the loan matures in about a year. The borrower would agree to modify the loan as long as the payment stays roughly the same but I am not sure if such modif...
I'm assuming in an assignment, the buyer you assign it to will ay closing, but who pays closing in a double escrow?
I have recently closed a deal on a 4-bedroom ( 4 en-suite bedrooms) house in King City, Ontario (This is my primary residence) and I am interested in reducing some of mortgage payments through short-term rental. My un...
Hello everyone, I’ve been actively learning about RE investing for several months now and want to start taking action. I’d like to start by house hacking - looking to buy a duplex/triplex and move out after the first ...