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12 September 2024 | 9 replies
Also, thank you for clarifying more about seller financing and recommendation about having a loan officer find the DSCR vs. direct!
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9 September 2024 | 5 replies
Even though the property is under your Nevada LLC and you're the managing member, the lender will still need to be involved to ensure everything is cleared.Make sure the title transfer was properly recorded after your ex-spouse's passing, and work with your escrow officer to handle the mortgage at closing.
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9 September 2024 | 22 replies
I would probably be still working as an AZ State Corrections Officer making $20hr and I wouldn't have my rental portfolio if it wasn't for my 0% down VA loan, FHA 3.5% and Fannie 5% down.
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7 September 2024 | 2 replies
They may not be in your office or even in your city and they may not jump up and down, saying look at me, look at what I've done.
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9 September 2024 | 14 replies
But the best ways to get started are, in my opinion: 1) save up enough for a 10-20% down payment and then save a lot more on top of that for reserves, overages, and any unforeseen repairs. 2) have your financial house in order and have credit above 700 to get more favorable rate and terms from lenders. 3) speak to a loan officer that is experienced with fix and flips and get the necessary documents together for a pre approval (typically not much required, usually a valid ID, LLC docs if any, and two months of bank statements showing funds for down payment and reserves).
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8 September 2024 | 6 replies
it has seven offices that can be used as bedrooms if a person wanted to make it a Boarding house, a pad split, or something of that nature.
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9 September 2024 | 19 replies
It would be a warehouse or an office building.Partial disposition example.
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7 September 2024 | 8 replies
The brokerage uses this to pay for lots of stuff office supplies, CRM, insurance, marketing, etc..
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10 September 2024 | 19 replies
I would email the code enforcement officer prior to your offer.
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8 September 2024 | 101 replies
When you do get involved tell them this is the only time you're giving this little speech and next time you're driving directly to the magistrates office.