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Hi. I have a private lender willing to loan us some money. I approached an attorney to draft some documents for us and provided the collateral details. However, she said she cannot because the interest rate being char...
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Hello! I'm an out-of-state long-distance investor from Canada. I'm completely NEW to this industry. My local market is overpriced. I've chosen to invest in Texas because Census say it's the fastest growing state (http...
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Was having lunch with one of my business partners and he was telling me that on his rentals he gives his tenants his Bank account number and makes them direct deposit it when due. However ( and that's here in Oregon) ...
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How do I check the credibility of a lender? What are the requirements? What are the red flags?
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I am in a bit of a pickle; I am deciding how to achieve my goal of owning buy and hold real estate. My current job doesn't bring in a lot of money and I am trying to figure out if I should just go to college and get a...
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Hello everyone,So...I have a mentor that is adamant about door knocking pre-foreclosures to generate leads. In my personal opinion, I feel it's dangerous; as you are dealing with sensitive homeowners. Her theory is "w...
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I'm kind of out of the loop on the REO scene since I bought my two properties in January and haven't made any offers since.
I've been told recently by someone that there are bidding wars on Fannie Mae properties now...
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So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
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- Credit Checks are a major deciding factor? - Have you ever had success without running a credit check? - Great applicant, with poor credit, that’s the only issue, would you take a chance on him?
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Hi community,I have a single family rental and live in a duplex that has tenants. I sold a duplex recently that wasn't cash flowing well and now have about $40K to put down on a new property (these funds are separate ...