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10 January 2025 | 22 replies
Take into account your mortgage, a property management company and other expenses and you are lucky if you net $300.
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19 January 2025 | 9 replies
Hi Fernando....I'm a broker looking for a company that does DSCR loans with no or very little seasoning to allow for the value instead of the Purchase Price.
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16 January 2025 | 6 replies
The reason is because the companies that back these assets, and some others, have a 1:1 between their tokens and the USD (I'm unfamiliar if EURS, THKD, and stables of other fiat offer 1:1).A possible scenario would be that you offer the seller to pay in a stable coin, like mentioned above.
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31 January 2025 | 44 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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16 January 2025 | 11 replies
Before we sold it we hired a management company to reduce the burden, but even then we decided to sell and walk away.
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12 January 2025 | 8 replies
With that being said, in a worst case scenario, you can always hire a property management company to handle the day to day items if it comes to that.
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9 January 2025 | 46 replies
Scott, thought this might be interesting for your company and for use in your training and such..
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8 January 2025 | 13 replies
I am constantly reaching out to provide value to other wholesalers out there and in turn others see my company name.
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17 January 2025 | 22 replies
Don't hire the first company that presents a lot of sleek Razzle dazzle.
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11 January 2025 | 1 reply
Always ask your agent to ask the listing agent which title company/closing attorney that they are working with.