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5 September 2024 | 4 replies
However, repairs or improvements must be permanently affixed and add value to the real property.Costs and Escrow AccountsThe costs of the renovations will be based on the plans and specifications for the work and on the Construction contract for all of the work requested by the borrower.
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1 September 2024 | 1 reply
Buyer's agent has requested a CLUE report as part of the request for repairs on a flip property under contract.I've asked my insurance agent to pull one, but he suggested to contact LexisNexis directly.
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5 September 2024 | 2 replies
You won't be scaring away the seller, this is a completely normal thing to request and your broker should be the one prodding the seller's side for this info up front (especially if the seller's side hasn't provided it already with the marketing material at the very least).
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4 September 2024 | 4 replies
The only reason that you are requested to order a comparable rent schedule appraisal is because the lender needs to see what the market rent is for that specific investment property.
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6 September 2024 | 13 replies
That's why they are requesting it.
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4 September 2024 | 3 replies
Their country reports are also excellent and usually free upon request.
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6 September 2024 | 19 replies
Send me a connect request and I can share more details if you'd like.
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4 September 2024 | 9 replies
Is there a faster method then sending applications to individual tenants in response to their request to see the property?
4 September 2024 | 4 replies
@Kyle Rucker- thanks ....you will have a tough time locating a 2nd loan for 180K + ....Ask the realtor you are working with for options ...Make sure that the lender holding the FHA loan will be able to approve your assumption request ( this can be a long drawn out step ) .....if you do find a 2nd mtg - compare the fha loan and 2nd mtg to a simple new FHA or conventional loan as there may not be a large difference
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4 September 2024 | 2 replies
I requested for the last month’s rent upon signing the lease which is for the month of September.