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17 October 2024 | 9 replies
You can use rental income to help you qualify for the loan.Additional Resources:Occupancy Types | Fannie MaeOccupancy Fraud May Be the Next Risk for the Mortgage Industry | CoreLogic®Feel free to reach out if you have any additional questions.
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15 October 2024 | 6 replies
You never know what a tenant will do to a place- Commission paid by to buyer's agent is 2% of final sales price: There has been a change in the industry as to how buyer agents get paid.
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17 October 2024 | 14 replies
I heard on Fox News this morning that the insurance industry has identified 80 high risk zip codes. 78 of them are in Florida.Back to back Florida hurricanes aren't helping the insurance rates.I also heard on the news several days ago they believe 15% or 18% of Florida residents are planning to move to other states.
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14 October 2024 | 2 replies
We could contribute with the structures in exchange of an interest in the company, but we don't have the contacts/connections in the industry so I'm looking for advice on where to start looking.Any feedback/thoughts will be much appreciated!
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13 October 2024 | 34 replies
SFH, small multi, apartments, industrial, car washes, laundry mats, storage.
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13 October 2024 | 0 replies
., with a diversified economy and a strong job market.Opportunities: Multifamily developments, long-term rental properties, and flipping projects.Houston:Reason: Known for its oil industry, Houston has diversified its economy into technology, healthcare, and manufacturing.Opportunities: Commercial and industrial real estate investments, as well as residential projects.San Antonio:Reason: It's experiencing continuous infrastructure growth and is more affordable compared to Austin and Dallas.Opportunities: Affordable housing and expanding development projects.In Florida:Orlando:Reason: Orlando’s tourism industry continues to drive growth, alongside its rising status as a tech and medical hub.Opportunities: Short-term rental properties, multifamily developments, and new residential construction.Tampa Bay:Reason: Tampa is experiencing a population boom and is considered one of the best places for job growth in Florida.Opportunities: Waterfront properties, new housing developments, and commercial real estate.Miami:Reason: As an international business hub, Miami is attractive to both investors and high-net-worth individuals looking for luxury real estate.Opportunities: High-end residential and commercial properties, luxury condos, and fix & flip projects.Sarasota:Reason: Known for its beaches and quality of life, Sarasota attracts retirees and families, boosting its real estate market.Opportunities: Residential developments, vacation rentals, and waterfront properties.
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15 October 2024 | 40 replies
Insurance companies have many exclusions and they may not cover everything, but they can help to pay for some of the costs of a lawsuit.Good:Using one LLC for all of your rental properties.
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16 October 2024 | 10 replies
Real estate isn’t a get rich quick industry.
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17 October 2024 | 16 replies
How long have they been in the industry?
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15 October 2024 | 21 replies
As you can tell, it’s a very competitive industry and many loan officers will do whatever it takes to get your credit pulled and pay for an appraisal.