I’ve had several investor clients go with a new (to me)/ unproven lender because of a slightly lower rate promise only to get burned by that lender (closing costs were higher, appraisal costs much higher and appraisal was a nightmare, main point of contact gave us the clear to close as we passed our financing contingency then just before closing someone from the underwriting department we previously didn’t know existed said we need a few more days and seller didn’t agree because they had a higher backup offer, jeopardizing the earnest money and losing the property, etc).

I was drawn to this investment mainly to test out the new padsplit model.

Today is July 1, 2024There are currently OVER 30 Homes For Sale listed by SOWAE CORP in Queens, NY...If they have done this over 5 years, it seems there is no intention of any platform caring about their fake listings.

As a multifamily specialist there, I do mainly two types of housing: affordable (DSS, Section 8, CC), and students.Binghamton University is a massive state school that's outpacing the higher-ups' expectations for growth, and has been for a few years now.

For example is the 3/4" settlement in a main area of the home, is it in a basement?

It’s reassuring to know there’s a supportive community of experienced investors willing to share their hard-earned lessons.I’ve taken a ton of notes and feel much more prepared to move forward with a smarter, more intentional approach.

They are mainly in the Metro ATL are but are expanding to Louisville and Houston.

Im back on bigger pockets after a long hiatus; trying to start up a STR from a owner occupied 2 family home with intent to advertise on furnished finder. 

Commitment Letter: A loan term sheet shows intent but isn’t binding so that brokers may see it as preliminary.

I’m sure that’s not your intent.