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24 May 2024 | 19 replies
I have a pre-approval through First United Bank for mortgage no less than $40,000, and for anything under $40,000 I work with Oklahoma Credit Union.
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24 May 2024 | 12 replies
My military training has me always looking at the Intel (data) to drive my decision making process.
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30 May 2024 | 93 replies
We changed everything, defied all odd's, shook the world itself.There is a story of history that a great Japanese military leader, when received the news of the great success of the attack on Peral Harbor, stood somber, silent, surprising all around him.
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24 May 2024 | 3 replies
I recently moved back to Maine from Georgia after completing my military service.
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26 May 2024 | 27 replies
You can also pay a trusted person using westeren union etc using credit card and then ask them to deposit in your bank accounthttps://www.bankrate.com/finance/credit-cards/how-to-send-mo...Lower-cost alternatives for sending money with a credit cardMany issuers are introducing new ways for cardmembers to tap into their credit line to send money to friends and family.
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24 May 2024 | 5 replies
When you do buy a property, will you be prepared to manage it properly and prevent major losses by making rookie mistakes in the most heavily regulated state in the union?
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24 May 2024 | 6 replies
This house currently has no renter though they are actively looking to put one in the home.House 5. rents for $725/m the loan will cost me $13,000 as a down payment and $6,000 closing costs, and should cash flow approx $275/m after mortgage payment are made.House 6. rents for $725/m the loan will cost me $14,000 as a down payment and $6,000 closing costs, and should cash flow approx $250/m after mortgage payment are made.To be able to make this down payment I have the option to:HELOC my current home which cost me about $850/m in repayments OR I can find a hard money lender who would be interested in working with me, I am currently putting together a hard money lender proposal to show a couple family members that would basically look like this: No repayment in the first 12 months, all income going into an account to allow for repairs and emergencies, after that taking the cash flow and splitting it 75/25 to the lender paying it off in approximately 13 years, sooner if we can make extra payments on it and giving the lender an 8% return on his money(about .5% less than what I was quoted for my HELOC).ORI can potentially do a deal with my brother who is also looking to get into real estate and we split the properties 3 a piece.These properties are right outside of a military base in a low income city but have done well for the family currently owning them with consistent long term renters in them.I am looking for any advice as to whether or not this is a deal worth pursuing.
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31 May 2024 | 149 replies
Yeah the credit unions I talk to are saying outside of a few folks, no one's doing much of anything and little to be underwritten.
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23 May 2024 | 1 reply
These sellers typically want a fast sale to move on with their lives and avoid ongoing conflicts.Relocating SellersPeople who need to relocate for a new job, military deployment, or other personal reasons often seek a quick sale to avoid the burden of managing a long-distance property.Inherited PropertiesHeirs who inherit a property they don't want to maintain or manage may be eager to sell quickly.
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23 May 2024 | 5 replies
Perhaps a visit to your local bank or credit union to see what you can qualify for is a good start.