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22 February 2024 | 10 replies
FF also requires a lot of work on your end to follow up on matched and unmatched leads.
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21 February 2024 | 9 replies
It wasn't some great job with matching 401ks that put families into covered wagons just to fight native Americans... it was dream of property ownership.
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21 February 2024 | 5 replies
Break out single family/condo; then 2 units then 3-4 units all have different rules. 1-2 units is far easier to get approved verses 3-4 which have extra conditions to ensure that the whole project cash flows with market rents minus the one owner occupied unit. 3-4 units you need much larger down payment - as in no 3.5% downSecond home programs are for one unit types: SFR/condo/townhouse.Owner occupied means you live there and your insurance policy matches.
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21 February 2024 | 14 replies
@Ben Guttman is right in that the captive is probably the program that will most closely match what you are trying to do.Best of luck with it.
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21 February 2024 | 8 replies
I even created my first LLC to start the fix and flip business, funding it with enough skin in the game, elsewhere hoping to use OPM rather than my own capital to fund these projects as it has been difficult finding a lender who is comfortable with loaning to me solely without an LLC.My goal has always been to match my W2 income and eventually double it and more so I can work as a hobby rather than relying on it to live.
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21 February 2024 | 14 replies
However, it may be feasible to cut along the grout lines and remove a section of the tile, perhaps a 3'x3' area right inside the entryway, and replace it with a different flooring material that matches the tile but offers enhanced slip resistance.
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21 February 2024 | 8 replies
I believe the premise of the network as a value proposition is with the beginners I would be matched with in groups, we could work together to build our own separate businesses together based on our skillsets or partner with each other and build up together.
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20 February 2024 | 6 replies
Mix and match depending on your ultimate goal and plan.
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20 February 2024 | 14 replies
Once we have a completed application, we verify income (by calling the employer and/or with paystubs), verify previous address history (this will show up on the credit check, we ask about any addresses that show up on the credit check but are not listed on their application), and verify identity by requesting a copy of their photo ID to make sure their info matches the application and screening reports.Next, we run credit, criminal, and eviction reports.
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20 February 2024 | 7 replies
If so, review it to ensure it matches the estoppel certificate4.