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So I am closing on my 6th and 7th house this month and a 19 unit storage building this month. Exciting and all but, my last house I bought I used my personal LOC for the down payment of 45k. While making the payment i...
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I have been attempting to get a loan for about a month now but I have been having trouble. I've only been self employed for about 9 month and have a very steady income. Every lender asks for 2 years of profit and loss...
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Hi,When trying to figure out the best way for one to come up with creative ways to finance their first investment is it better to talk with:• Lender• CPA who has experience with investorsWhat would be the better choic...
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As a relatively new active self employed real estate investor, I have purchased both sides of a town home about 5 years ago. The value has gone up and am interested in obtaining a loan against the equity. Can you te...
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I've been thinking about buying a three-flat in Chicago with a friend as tenants in common. I would live in one unit, he'd live in one unit, and we'd rent out the third. Is it hard to get a loan in a scenario like t...
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Here is my issue:I have a credit score of over 800 and raised capital, but can't obtain a conventional mortgage because I do not have a W-2 job or the 2 years they require. Because of this, i've turned to the idea of...
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Does anyone know of any banks in or around the August Ga area that will work with out of state investors? Preferably with 30 years fixed loans? My partner and I plan to purchase 25 houses in the next 4 years.
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So I have been driving myself nuts working on the duplex I "house hacked" before I knew it had a name. New kitchen, dealing with tenants schedule, changing the new stove from gas to propane, ect. I owe $150k. The most...
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Quick question. If you screen multiple applicants and they all qualify do you tell the applicants you will give a lease to whomever is willing to sign a multi year lease?
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Hey y'all! So my parents want to do some home improvements so they can have their house ready to sell in a few years. They're planning on taking out a loan for 15k for total expenses. I want to know what would be the...