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14 October 2024 | 420 replies
There is zero talk of that at the Subto "community" (Bad news interferes with increasing the sales, cuts into the profit margin I suppose).
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11 October 2024 | 4 replies
https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?
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9 October 2024 | 17 replies
Great news is when you get a deal there the spread is usually solid, bad news is many of the traditional marketing tactics don't work very well (at least in NYC where you cant cold call, PPC & PPL is really expensive and I don't know anyone who does well with direct mail).
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14 October 2024 | 9 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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13 October 2024 | 9 replies
The great news is I have the time, knowledge, resources, and critical thinking skills to bring these projects to fruition.
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12 October 2024 | 10 replies
The good news is that once you gain some traction you can hire a VA to help with the initial calls (either part time or full ).
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10 October 2024 | 14 replies
Quote from @Joshua Thang: Yes 2 closets, minimum height requirement met, it's bigger than the bedroom than the other rooms that was considered a room, 1 window, and 1 door.Personally, I'd have the loan officer do an onsite walkthrough of the house and document the third bedroom for underwriting.
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12 October 2024 | 2 replies
After i posted, i did check with the lender (it's actually a box that's also checked on the closing documents that i didn't realize) but my loan is not assumable if i sell the property.
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11 October 2024 | 11 replies
Also, we inherited that tenant when buying the property at a foreclosure sale and section 8 was very helpful in providing all documentation, last signed lease, renewal or rent increase instructions, inspection information, etc.