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Hey all - question on necessary reserves when applying for a loan through a US bank. I'm currently working on closing my second US property, first time financing through a bank. They just mentioned that I need to show...
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Hi everyone,
So here is the situation. I have a HML that is willing to loan 100% of everything (purchase, rehab, closing costs, points, interest) up to 70% LTV based on ARV.
My question is, working with homes with ...
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Hello everyone. I am currently house hacking my primary residence in California and just bought a rental property in Indiana. I tried getting an umbrella policy to protect myself in case something happens but was den...
OK everyone, just 1 more day of 2007, what will you do different, better, in 2008?
Oh and how about you share the one "mistake" or item that knowing what you now know you would have done different in 2007. Please be ...
Next week I will be meeting with the owner of a property management company in my area. I've been trying to find compatibles to value the company, but I am falling a bit short. I've talk to another property manager ...
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I went to a local gathering for a guru who is pretty successful and has developed a following. His strategy when negotiating with a seller is to justify his low asking price by pointing out "The house needs this and ...
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How much does your inspection as a buyer impact your investments? I have offered on a house at a really good price about $10k below asking price and about $20k below market average for the neighborhood. My inspection ...
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I have been watching Northeast Ohio listings and jumped on my first potential deal, a 3 family bank foreclosure. They just dropped the price by $15k to $60k. I saw the house today. The good news is, it's a zoned 3 fam...
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I'm under contract on a my first property. It's in Tampa, FL and I'm planning on using as a AirBnB short term rental. Very excited!However, preliminary inspection feedback is just coming in (full reports working). The...
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Thank you in advance for your time! I am looking at getting into wholesaling and using on market leads to start out with. I know I will need a proof of funds letter for this; my question to the community is what is th...