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13 March 2024 | 8 replies
Mine are conventional but I sent All bank statementsBrokerage and retirement account statementsLast 3 paystubs and I sent a new one every 2 weeksLease and proof of paymentCopy of my drivers licenseTons of random forms they kept having me signI also have a good relationship with my loan officer so she just texts me to look at my portal anytime they need something so there aren’t delays.
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13 March 2024 | 8 replies
I require $5k Min (only refundable if we can't deliver the title clean and insurable) and 24hr to deposit after signing the assignment agreement.
13 March 2024 | 1 reply
.), but I'm not sure whether I should also ask for the property to be delivered vacant..My questions:- If I keep the tenants, what should I obtain from the current owner or the tenants themselves?
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13 March 2024 | 17 replies
But it would have to be a very special set of circumstances for me to ever let a buyer inspect one of my listings themselves without a fully executed contract and earnest money delivered to title.
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14 March 2024 | 35 replies
I do deliver it digitally through a web based app as soon as they book and then have a printed version at each property as well.
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12 March 2024 | 5 replies
Quote from @Trevor Neale: @Chris Seveney I asked if it's possible. sure its possible, but so isnt entering your car via the passenger door every time and jumping over the seat into the drivers seat to drive.
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13 March 2024 | 16 replies
Title company set to close it but wants a 90 day cooling off period if the seller appeals or something comes up before they will deliver the title and give me insurance.12. almost 3 year later now we close and get our title insurance so we have also have fines to deal with and 3 more years of tax's13.
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13 March 2024 | 7 replies
Employment drivers of areaCrime of areaMedian household incomeCurrent rent to income ratios, and if value-add deal stabilized rent to income ratiosAnticipated hold periodLength of LoanI/O or AmortizingCapex items and "what happens if you have to hold longer than anticipated?
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12 March 2024 | 10 replies
However, ensure you conduct thorough research on the Indiana market, including economic drivers, rental demand, and property management options.Consult with Professionals: Given the complexities of 1031 exchanges, out-of-state investing, and retirement planning, it might be beneficial to consult with a financial advisor, tax professional, and real estate expert who can provide personalized advice based on your specific situation.Retirement Income Planning: Consider how this investment aligns with your overall retirement income plan.
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12 March 2024 | 11 replies
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.