Amanda Chandler
Hard Money as an individual or through an LLC
I've seen some posts on the forum about hard money lenders "requiring" an LLC for them to loan money. Can anyone share their experience borrowing hard money either through an LLC or as an individual?Thank you in advance!
Matt Lefebvre
April 2020: Rent Collection Survey [1600+ unit sample]
COVID-19 has a far-reaching impact on the economy and is impacting the world of real estate. Going into the month of April, I've heard many landlords bracing for the worst in terms of their tenant's ability to pay ren...
PJ O'Connor
Seller owes back taxes - is there any relief for buyer?
I put an offer on a short sale. 391K offer, comps are over 600k. House needs approx. 100k in upgrades. Offer was accepted, sellers bank approved. However, the seller did not disclose to the bank that he owes 27k in ba...
Ray Johnson
Housing Markets most vulnerable to COVID-19
I thought this was an interesting article, odd that a majority of the properties are on the east coast. .25 Most vulnerable COVID-19 related housing markets Wish I could see more than 25 markets. How is it that some o...
Kanwar Sodhi
Anyone Lending 100% in a cash-flowing rental property?
I just saw a property in Georgia that's cash flowing well. Any lenders that'll 100% fully fund?
I can pay closing costs, purchase price of $140,000 and $1,800 of rent coming in.
Assuming it's fully funded, 25% set a...
Leah Robertson
First Multi-Triplex number good or bad?
The wife and I are looking at buying our first Multi unit. We have two townhouses (different complexes) and a condo that we own and rent out but those were just our homes we used to live in and we kept them to rent th...
Tony Merchan
Unpaid rent / follow up
I have a tenant who hasn’t payed rent since March ,Been 5 month without pay .My attorney started eviction process ,Tenant was surprise he was served with legal paper ..I mean what was I suppose to do ? .. this was tw...
Dylan Henry
VA IRRRL Refinance Issue
House background: Purchased house in 2016 with VA loan, found renters in December 2019, Just refinanced to a VA IRRRL with the assumption I could already have my tenants in place. However, when I signed my closing d...
Jibril Ali
First investment property, Duplex red flags
Hello. I'm currently under contract for my first property, a duplex in GA. Both units have "long term" tenants in place. During the due diligence, it has been revealed that the seller does not have any security deposi...
Ayat Suleiman
Four Unit Properties
I have multiple investors right now all looking for the exact same thing: a GREAT deal on a 4-unit Multi-family. But my problem hasn't just been finding great deals, it's been finding 4-unit properties altogether, whe...