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21 September 2024 | 33 replies
Constantly it's "of, I had only ___ back when", and how much today sucks. people said that in pre-08 when all you needed to do was fog a mirror to get any $ you wanted, and after 08 when you could get a house for less then a car, it's always how great people had it back when and how impossible today is.
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18 September 2024 | 15 replies
Assumptions:Credit 720Single Family Investment PropertyProperty Value: $120kAmount financed: $90k or 75% LTVNO Pre-Payment Penalty (not allowed in Ohio)DSCR Ratio 1.25+30 YR Fixed Rate DSCR:8.250% with $2475 in discount points.
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21 September 2024 | 71 replies
We are a capital partner and move like no Lender can move. thats where the great deals are going or at least what i see as its my day job LOLPS in the old days the west coast buyer had to get pre approved by the west coast mortgage lender and that included an appraisal up front so we knew the numbers would work then when rehab was done the mortgage brokers simply had the appraiser do a 442 update and the file closed.
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18 September 2024 | 2 replies
are you a licensed foreclosure consultant or just looking to buy properties pre foreclosure ??
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19 September 2024 | 44 replies
You only sell when you realize you bought a below tier investment, and roll it into a better one.You never sell otherwise.
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19 September 2024 | 8 replies
I think lenders will start rolling in the agent commission into the buyer’s loan.
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18 September 2024 | 2 replies
What is $275/m in rent roll going to do for you in the long run on a $70,000 house?
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19 September 2024 | 5 replies
I never did hear back from the owner who I reached out to originally to get his plans with the property and what rent rolls could be and current/future expenses on the property, etc.
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18 September 2024 | 3 replies
Consider low down payment options and get pre-approved for a mortgage.
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20 September 2024 | 12 replies
I have not had one minimum down payment sale even though its up to 800k in our market for fha.. that low down and todays rates for sure dont go together.. so what i see is equity roll up ..