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23 February 2024 | 4 replies
The nice thing is that we’re not licensed in PA for residential loans (we do investor loans there, but not consumer), so you know I’ll give you straight answers with no agenda.
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22 February 2024 | 0 replies
Consumers showed more interest in townhomes and condominiums for rent in January.
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22 February 2024 | 10 replies
Wanting tenants to cover damages and missing rent is natural, but legal action can be a costly and time-consuming route, especially if they lack the means to pay.
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27 February 2024 | 2053 replies
So is it more appropriate to think of office expenses as non-consumable and supplies as consumable?
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23 February 2024 | 13 replies
Typically the borrower never records the land contract (which they should)Pros for buyer - noneCons- tough to insure, could be easier to be foreclosed on, name not on deed, Also most buyers do not run through title or get title insurance as wellMost land contract sellers run it like it’s the Wild West and do not understand these are still consumer loans and follow state and federal guidelines
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21 February 2024 | 5 replies
Fannie and Freddie are playing with accepting automated valuations to save consumers costs but a computer generated appraisal might be much lower than you want as it won't account for view, upgrades, and improvements.
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23 February 2024 | 22 replies
Personally I expect a wave of foreclosures in 2021, but right now, there is almost nothing available as banks and consumers are taking advantage of Covid forbearance allowances.
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21 February 2024 | 4 replies
This negative position can consume years of cash flow to recover.
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19 February 2024 | 8 replies
There will be requirements set forth by your lender that the insurance coverage must fulfil.Take into account other coverage alternatives like liability insurance, umbrella insurance, or coverage for certain risks like floods or earthquakes, depending on the property and your situation.Examine the insurance firms you are considering's ratings for both financial soundness and consumer happiness.
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20 February 2024 | 2 replies
All these things I am telling you not to do, are hard, expensive, time-consuming and they anger and upset people, not to mention that a lot of those tactics are becoming illegal.I am here to tell you, show you and prove to you that you do not have to nor should you do these things.My wholesale deals trump most of y'alls elaborate high-risk flipping profits, while:I don't low-ball anyone,I don't lie to anyone,I don't trick anyone,I don't spend a cent on marketingI don't lift a finger on marketing.I don't chase anyone.I simply tell them exactly what I am going to do, 100% transparency.Now here is some actual concrete proof: ($128,816.06) for one wholesale deal.I am not selling you anything.