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Hey guys, we are closing on our first real estate deal this week. It is a 4-plex and we will be living in one of the units and renting out the other 3. We inherited 3 tenants. All 3 tenants signed year long leases ab...
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I am a new investor and have been following bigger pockets for about a year. I now feel confident with the underwriting after doing 100’s of practice listings but confused on the financing. My scope is c+ single famil...
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Our company's bank statements are more healtheir than that of the incorporators. Since we are exposed to the construction industry, we are looking to qualify the company to improve its paydex score (FICO name for busi...
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Purchased a primary residence in March 2017 and lived in it until Jan 2020, then rented it out until May 2022 and sold in June 2022. We owned this residence for just over 5 years and lived in it for at least out of ...
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I have a deal on hand with estate property but the name on the deed is the decedent. I like to know if I like to have the deal close, can the relative sign the title transfer on behalf of the decedent or the relative ...
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Hi everyone,
Another new Cbus investor here. My wife and I just moved to Delaware, OH from the DC area where we own a rental condo and we're looking to put our money to use here in central Ohio. I've appreciated the ...
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I working on closing my 1st note and wanted to reach out to the great folks of this forums for what to look for when reviewing files. I actually have a professional service reviewing the mortgage files but the seller...
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I have recently bought a house with a section 8 tenant in place. I have not done my due diligences as the seller was supposed to notify the housing agency of the change of ownership of the property. I have closed the ...
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I’m currently seeking to cash out refi a triplex I bought with cash. It’s owned by my LLC. I’ve been offered a 60% LTV based on purchase price and rehab costs not an appraisal. Terms at 30 yrs at 8-9% amortized. 60% s...
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Hi All,
I'm looking for a second rental property (my first is a single-family home and I was hoping to find another as a buy and hold investment) and with the current market, I'm having trouble finding deals that mak...