Hey everyone! I'm looking to apply for a loan and possibly use the Home Possible program with 5% down to purchase a duplex property to live in and rent out the other unit. Is my current 693 score too low or will it ca...

Hi guys, What are your thoughts of getting a Home Equity Line of Credit to pay for the rehab costs in a BRRR-type property or even a flip? In my mind the pros are: I can use the credit for just a month or two while th...

Suppose I pay $200,000 for a building, put  25% or $50,000 down for a conventional transaction (Fanny/Freddie), then execute a seller carry-back for a $40,000 loan in 2nd position (thus only $10,000-15,000 out of pock...

My cousins rent. The landlord wanted to sell the house and kick out the tenants (my cousins). So I bought the house and told them they can stay. At closing, the seller gave me $2100 for the security deposit as part of...

I wanted to ask for insight on collection-related matters in CA. I had to evict my tenants and obtained a judgement from the court for unpaid rent.  I am assigning this judgement to a collection agency.Now the propert...

I see an opportunity to get a 4 unit apartment for 29k with excessive water bill and taxes. tenants pay $600-650/mo and must be closed within 5 days of accepted offer but I’m a total newbie to this game with bad credi...

Hi all, I am new to commercial loan. Can I get a commercial loan for my 5-units multi family after I am retired? Assuming my sole income will be from the rental. Because commercial loan typically needs refi every 5~10...

Hello. Can anyone tell me how does the whole flipping process works. I’ve been looking around for realtors and talked with someone about getting a loan for purchasing and rehab. My credit score is around mis 700s. Wha...

When interviewing tenants, landlords should follow certain steps in order to determine if a tenant is the right fit for their property. These steps include:
Reviewing the tenant’s application: Review the tenant’s app...

I have an opportuity to pick up a 6 unit rental in Northern California that looks like it will run a 14% COC Return.  My question is commercial financing would need to be used.  How does commercial qualify you /proper...