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9 December 2024 | 1 reply
According to dictionary.com, cybersecurity is defined as:1. precautions taken to guard against crime that involves the internet, especially unauthorized access to computer systems and data connected to the internet.2. the state of being protected against such crime.It is a very generic definition, but it's not too far from the truth.
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13 December 2024 | 6 replies
Originally posted by :What your accountant missed is a checkbox in his software.
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5 December 2024 | 31 replies
Padsplit gather tons of data so you can ask your AE to provide the Orlando market data to you so you can make a relevant decision.
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17 December 2024 | 8 replies
Originally posted by @Ben Lindquist:Hello BP Community!
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6 December 2024 | 3 replies
Highest accuracy in the business as they actually update their data daily.
12 December 2024 | 4 replies
Originally I was planning on buying a multi family in the area I live in, but after reviewing my lease, I’ve found that I really can’t break it and I have 8 months left on it.
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4 December 2024 | 30 replies
Would love some actual reference to data if you have it (not anecdotal).
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12 December 2024 | 37 replies
Originally posted by @Sidney Wilson:I understand that it is sometimes easier to have a broker do the work to find a lender, but the 1% + I always paid to brokers was a fairly significant cost.
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13 December 2024 | 3 replies
Xactus offers soft and hard pulls for originators
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11 December 2024 | 8 replies
Borrowers are not allowed to complete any of the work themselves as sweat equity.Loan to Value Calculations:The original principal amount of the mortgage may not exceed Fannie Mae’s maximum allowable mortgage amount for a conventional first mortgage.Purchase: For a purchase money transaction, the LTV is determined by dividing the loan amount by the lesser of the “as completed” appraised value of the property or the sum of the purchase price of the property and the total rehabilitation costs.Refinance Transactions: For a refinance transaction, the LTV is determined by dividing the original loan amount by the “as completed” appraised value of the property.Eligible Renovation:There are no required improvements or restrictions on the types of repairs allowed.