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20 November 2024 | 9 replies
Based on the story they told me it sounds like the parents are effectively homeless and I suspect they have simply moved them in without permission.
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19 November 2024 | 5 replies
You will need a RE attorney to transact this sale.
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21 November 2024 | 23 replies
Hello Lucas, Your question about financing a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy is important for understanding how much cash you'll need upfront and how to leverage financing effectively.
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19 November 2024 | 2 replies
Looking at pure spreadsheet math and common convention; if you pay down your mortgage you are effectively making that interest rate on your money.
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20 November 2024 | 13 replies
For the PM biz we use Veryfi and for my personal properties I use AMEX's Amex Business App which allows pic uploads and transaction tagging.
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20 November 2024 | 4 replies
My long term tenant (a family friend) is moving out and I am concerned how to make sure I pre-screen future tenants effectively without violating any laws. background: this property used to be my primary home and had a very informal agreement with a family friend to rent from me in the mean time.
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20 November 2024 | 6 replies
It depends on the lender but at a min they must follow TX SML or lending laws in the state in order to compliantly lend in TX, on whether choose to apply this guideline to all types of occupancies or transaction types (non owner investment, second homes/primary residences, etc)80-85LTV on rental properties is only on the purchase for fannie/freddie loans but on rate term refinances its max 80% and cash out max 75% for 1 unit and up to 70% for 2-4 unit cash out conventional.On HELOC's and rentals are up to 70-75% depending on the HELOC investor or product.Its good to distinguish between what the lenders are willing to do and for which product and also these loan products must abide my state law as well as an additiona layer of "overlays," on top as well (whichever is worst / most conservative).
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19 November 2024 | 5 replies
While I can’t promote my company directly, I’m looking to connect with cash buyers in key markets such as Florida, Arizona, Michigan, Alabama, Nevada, Ohio, Texas, North Carolina, Tennessee, and Georgia.I’d love to hear from anyone who has successfully built relationships with cash buyers.What strategies or platforms have you found most effective for connecting with them?
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18 November 2024 | 1 reply
If you have any examples of pitch decks that you think are particularly well-crafted or effective, I’d love to see them!
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21 November 2024 | 6 replies
The user in question was subsequently banned from the forums for a second time, they reached out to me directly to dispute the ban but as of now the ban is still in effect for breaking the rules of the forums.