Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
26 January 2025 | 43 replies
The parties will jointly appoint an acceptable mediator and will share equally in the cost of such mediation.
Ogonna Odo
Paying Contractors with a Credit Card
18 January 2025 | 8 replies
@Ogonna Odo A small number of my contractors have started accepting credit cards.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
I'd suggest using a minimum of 25% of gross rent to cover expenses on paper until proven otherwise on any given property.Only you can decide how much cash flow is acceptable but I wouldn't consider something that essentially breaks even.
Eli Edwards
Course feedback or insight from Vetted Homes
19 January 2025 | 7 replies
This.Also, if you were the tier 1 worker bee at a relocation company who wants to get a family housed, happy and as quickly as possible, would you accept the word of a guy who sells a course to new-to-MTR investors that "here is Eli; please send him all of your business.
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
Jamie Parker
How are you analyzing Fix and Flips in 2025 (Mines Not Working)
1 February 2025 | 9 replies
I think understanding that will get me more accepted offers.
Brandon LaRose
Loan to Finance My ADU ( Not a 1st/2nd Mortgage or HELOC)
14 January 2025 | 1 reply
I want this to be acceptable long term if I keep this method of financing.
Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
20 January 2025 | 14 replies
I agree with Michael, probably need to make 100 offers per 1 accepted to find a good deal.
Sarp Ka
Cheapest way to make a cash offer???
22 January 2025 | 14 replies
If youre wanting to make a cash offer, all I can say is that Ive never seen a competent seller/listing agent accept a cash offer without proof of funds, meaning a bank statement or similar document(s) showing liquid cash for closing.
Geoffrey Serdar
Engagement Fee for a loan: LENDBASE
29 January 2025 | 31 replies
I’d recommend you do the same.It all started when we interviewing Lendbase we were told that all of the lenders in the Lendbase network accepted their underwriting.