Sonny Sacks
Using FHA, USDA, or 203k
9 October 2024 | 10 replies
Heloc any existing properties with sufficient equity, use a 10% loan program out of state for a vacation home, it beats 20-235% for an investment.
Steven Thoma
Investors - How Do You Track Your Properties?
6 October 2024 | 8 replies
Is there a program or software that allows you to easily observe all the properties in your portfolio, as well as their details?
Jon Kim
Real Estate Investing With Friends
6 October 2024 | 12 replies
This would ruin any of our chances to take advantage of a 'first-time home buyer' program, correct?
Michael Whitman
Converting a multi to a single family
7 October 2024 | 1 reply
I've considering whether it makes sense to look at potentially converting it to a single family and enrolling the property in the college's off-campus housing program.
Brian Willie
2nd Position HELOC Questions
7 October 2024 | 5 replies
Assuming primary, max DTI is typically anywhere between 43-49.9% contingent on factors like zip code, program, FICO, etc.
Ido Harper
From an Athlete to Real Estate
6 October 2024 | 2 replies
I completed a mentoring program with Robert Shemin an currently working at St.Louis MO.
Joseph Beilke
Palm Coast FL Realtor and Newbie investor!
9 October 2024 | 11 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
Account Closed
PEP fund with Lane Kawaoka
15 October 2024 | 69 replies
Helping the space create some norms and baselines will make the bad apples start to stink a lot sooner.Every industry's association from cleaners to Community Associations has some sort of certification or accreditation program for their members.
Nate Pucel
Questions about possible eviction
6 October 2024 | 7 replies
The damage was not your fault and you have taken the appropriate steps to make the home safe and functional again.
Corina Carroll
STR property manager ready to learn and network
6 October 2024 | 2 replies
As a chief financial officer you will more than likely be very comfortable digesting some of the New programs offered for investors.