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Hi everyone. I used to do real estate (very little) about 13 years ago. I let my license lapse since I only did it part, part time. An old manager knew about me doing that back then and recently asked if I would want ...
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My business has approximately 6 loans through our local small bank and they continuously talk about how they are investor friendly. However, they keep mentioning to us that our debt to income ratio is nearing their "1...
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Hello all!First rental hit the market 3 days ago and I've been swamped with interest; it's a great problem to have but now I've got questions.First question is in regards to adverse action letters. Since their credit ...
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So I'm still in the learning process of real estate investing and this question randomly came to me. For those of you who currently have property and have (rental) income generating from it, do you have separate bank ...
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Sometimes you'll run into a situation where you want to assign a property but the end buyer is tight on cash to cover the purchase, the repairs, and the assignment fee. Consider seller financing some or all of the ass...
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Hello professionals!I have a question i can't seem to find the answer for related to Lines of Credit.My Situation: I have a property that i purchased a few years ago that has appreciated in value significantly. I ow...
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So I have a vacant unit in a 6U building. I got an application with great credentials. I accepted the application only to find out that her ex husband and 14yo daughter (divorced in 2011) lives in the unit on the oppo...
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Hey everyone, very excited to be here. I was referred to the podcast from a friend of mine about 2 weeks ago and probably listened to maybe 30+ episodes so far. Currently working a full time job and also own a small c...
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If you had little to no debt (DTI: 5%-10%), currently renting, your initial REI goal was to fast track your way to be able to quit your 9-5 job with replacing it with positive cash flow, main goal was to acquire as ma...
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One of the great things about NNN investments is that the tenants do all their own maintenance within their units (or so I thought). I've been managing a strip mall for almost 2 years and the tenants keep asking me t...