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29 January 2025 | 68 replies
Also, in order to get financing the lender wouldn’t allow SCI to dramatically overpay or they wouldn’t meet the debt service requirements.
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27 January 2025 | 0 replies
How did you finance this deal?
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19 January 2025 | 55 replies
I sent an invite to a prospective applicant that qualified and Looked high and low for the invite form with some additional notes to the applicant only to find out that it is not even on the platform at all, anywhere but in an email confirmation I received.
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1 February 2025 | 9 replies
Currently selling two SFRs to 1031 into a seller financed 9 unit mixed use property - I am still excited to learn new strategies 13 years later.I have some of my investments on my profile and some info regarding each.
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8 January 2025 | 14 replies
You also avoid lender/broker overlays which are handcuffs in the finance world.
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30 January 2025 | 0 replies
Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.
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26 January 2025 | 3 replies
We're based in Tampa and, in addition to personally investing, I own a mortgage company that provides financing for tons of investors.
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12 January 2025 | 11 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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23 January 2025 | 7 replies
By house hacking, you're immediately positioned as a landlord, which will adequately pressure you to learn how to structure your leases, screen applications, collect rental payments, resolve the nuances of managing tenants and addressing property issues, etc.
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18 February 2025 | 24 replies
I really love talking personal finance and real estate.