
17 December 2024 | 14 replies
Stay Organized: Keep detailed records of all expenses, timelines, and communications.

17 December 2024 | 2 replies
Of course that doesn't take into account rent increases so it could be less time.

17 December 2024 | 1 reply
I'm using my VA loan so I don't have to put any money down & can keep money in my account to fund rehab deals.

10 December 2024 | 5 replies
Wholesaling is definitely a learning process, but here are a few tips to help:1.Build a reliable list of cash buyers.2.Research the areas you want to focus on.3.Get comfortable with contracts and paperwork.4.Focus on negotiating great deals with sellers.5.Stay organized and keep track of your leads.6.

17 December 2024 | 3 replies
Personally I don’t like being cash flow negative on properties, but I guess if you have an amazing W2 and a good reserve account and the new property is going to cash flow really well then maybe consider it.

27 December 2024 | 66 replies
Sale to sold ratio is 5:1 wow but price is flattening without reduction of seasonality ; basically this market is bought by in-migration from NYC/MA area pretty much, it's not an organic growth.

11 December 2024 | 10 replies
Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained

18 December 2024 | 3 replies
Quote from @Account Closed: Quote from @Neil Clooney: Hi,Does anyone have any advice on real estate mentorship programs.

16 December 2024 | 3 replies
Don't forget to account for the cost of the appraisal or any other vendors...an appraisal and survey will over $1000 combined, for example.

3 December 2024 | 21 replies
My question relates to when and how to structure a business account.