Paolo Ruggieri
debt to income issue for my buyer
All - I am trying to sell my house to my tenant. It would be a huge WIN-WIN. I need to get him qualified for financing. I went through 3 mortgage officers and brokers I worked with in the past... they all told me the ...
Tyler Durbin
With Multiple LLCs - master bank account or individual accounts?
I have 3 rental properties all in individual LLCs. My intention is to continue to add to the number of total properties over time. Which LLC/bank account structure is best practice?A) All LLCs have their own bank acco...
Donald S.
Using Cozy.co to perform checks and applications
Hi Everyone, I am going to be using cozy.co to do background/credit/eviction history checks for my rentals going forward. I was wondering if anyone on here had experience with it and how they actually go about it. I k...
Mike Schorah
How do I get financing for CLE, OH duplex regarding my situation?
I’ve been in the same industry since 2014. I’m a regular job hopper and have held 4 jobs since then. I started a new job in 2019 and was laid off after 14 months in 2020 due to COVID. I was unemployed for a month befo...
Joshua Norwood
Cash out refi on personal residence
I was wondering how I would go about doing a cash out refi on my personal residence. I currently have about 100k in equity in my house and would like to put some of that to good work. I was hoping I would be able to ...
Bryan Wilson
Vetting Hard Money Lenders?
Hello all,I'm still new to the forum and have been digesting a lot and am thankful for all you provide. Today I'm wondering how do you vet hard money lenders. Do you have a specific checklist you follow as you would...
Mary Jay
How to limit showings without violating Fair Housing?
Hi guys, I have a problem. Somehow on all of my rentals I have tons of people who are interested in renting. So its really time consuming and stressful to show my property to everybody who wants to see it. Can I deny ...
Sandeep Jain
How to structure LLC to have friends invest in it
Hi Friends
Currently I have 2 multifamily properties in Montclair NJ and one of the property is under LLC and I have a business mortgage and business line of credit on it. Instead of paying bank 4.5% for line of c...
Tyler Robinson
The Perfect fixed rate Mortgage HELOC Hybrid?
I've been contemplating how to maximize my access to cheap debt. I currently own over a million dollars in single-family rental properties and have a secondary HELOC on one of them which is allowing me to access some ...
Vince Madden
Foreign investors buying multi family investments
Hey guys, we’re from Australia and are looking to get into the US property market. The research we’ve done so far has suggested that we’ll find it difficult to get finance in the US because we’re Australian residents....