26 May 2024 | 0 replies
I'm Brian from Loves Park, Illinois, passionate about real estate investing for a few years (its waxed and waned) because of family and work commitments.
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27 May 2024 | 23 replies
If you are trying to buy a bank owned property you just send them the contract they want you to sign and proof of funds, or if you have financing, the commitment from the financier, who may also have to provide their own verifiable proof of funds.
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25 May 2024 | 1 reply
However, we're committed to helping our clients and contacts as best we can which is why I'm seeking your recommendations here.If you have any recommendations or if you are an HOA manager with experience in this area, please get in touch.
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30 May 2024 | 63 replies
Just commit and take action.
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25 May 2024 | 6 replies
@Yanting Wang many investors are buying, "build to rent" properties.They are all being told that in buying a new construction property, they shouldn't have maintenance issues for 5-10 years, which will increase their cashflow/profit.Well, tenants have a way of breaking things, not taking care of problems and letting them become maintenance issues, and this is on top of the fact that most new construction properties require several warranty repairs by the builder in the first 12 months.As others have pointed out, you must live in the property for the first 12 months for an FHA mortgage or take your chances with committing mortgage fraud.
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25 May 2024 | 2 replies
. - Pre Approvals & Loan Commitments.
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26 May 2024 | 14 replies
@James Rodenberg aside from the time commitment, there is a skillset requirement to self manage.
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25 May 2024 | 7 replies
Real Lenders don’t ask borrowers how many points to charge them.Real Lenders rely upon title commitment / CPL to send loan proceeds to a title company.
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25 May 2024 | 14 replies
Hi Everyone,I am making a commitment to be more active on here, and going to try to post here a few times a month and also answer questions from my perspective for the younger investors.As the title suggests, I am a long time RE investor, have 3 properties 2 of which I rent out (one is cash flowing $700/mo , YES) I control 1M in assets, have about 250k in equity total.
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25 May 2024 | 7 replies
I wouldn't worry about any of that, but I'd want to see it in person before I committed to that.Find a good basement guy to go take a look, usually not the guy with a wrapped truck.