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4 October 2024 | 10 replies
As compared with local lenders credit unions the reporting requirements are vastly more for agency loans.JohnHi John - To your point, borrowers are required to provide updated quarterly rent rolls and financial statements on an ongoing basis.
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1 October 2024 | 12 replies
Bonus if the property has a rent roll showing steady income over the last 6-12 months.
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4 October 2024 | 4 replies
With all of the underlying assumptions being equal, the current rent roll provided the following matrix.
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3 October 2024 | 8 replies
But the insane tax increases in Jackson County, Missouri (Kansas City) were deemed illegal:"Missouri’s State Tax Commission ordered Jackson County to roll back its 2023 property tax assessments, which raised homeowners property assessments by an average of 30% and more than 100% in some cases.
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4 October 2024 | 8 replies
We have 3 bed /2 bath condo that is modern with nice appliances.Besides putting it on Airbnb and letting bookings roll in, how can I reach out to promote this property?
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3 October 2024 | 29 replies
I'm looking to get pre-approved sometime next week or potentially by the end of the week.
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4 October 2024 | 8 replies
I plan to to rent it for 3500 when the time comes (first floor with basement)We are currently looking for our next multi family but just need to figure out the best route forward for financing the purchase.Use our own money, tap into the equity here, refinance here out of our FHA to roll into another one at our new property, go the Fanny Mae route with the 5% down Multi Family home loan program.
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2 October 2024 | 11 replies
I feel like Im scaring prospects away.Have you considered using the free pre-application questionnaire instead of google forms though?
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4 October 2024 | 27 replies
I'm a new wholesaler in Columbia and am in the process of rolling out a direct mail campaign to locate deals.
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3 October 2024 | 0 replies
Do you go knock on the door pre-sale while driving around doing your property inspections?