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29 January 2025 | 23 replies
A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.The downside of using FHA or a FHA 203k is you will need to live there, for a minimum of one year (to satisfy FHA Requirements); AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC.
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23 January 2025 | 3 replies
Since you want to aggressively invest in the near future, you will need cash and the 30 year option is the right one for you.
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22 January 2025 | 4 replies
The capital required for Denver, and limited cash flow makes it a tough market to get your next one.
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10 February 2025 | 11 replies
Hello Zach, Glad you enjoyed that one.
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31 January 2025 | 6 replies
We can make exceptions with worse credit and slightly below perfect income but under no circumstances do we allow anybody rent one of our properties with a below 500 credit score, or 2x rent income or prior evictions.
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26 January 2025 | 2 replies
I would prefer to sell the property vacant or the easiest less stressful way as possible, however I was advised that could deter investors buyers interest as the rental income is a one of my strong selling points.I am open and would appreciate any thoughts and/or suggestions from fellow agents or investors alike.Thanks
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20 January 2025 | 9 replies
Shockingly he is never available to coach/ call one back after you give him money and become entrapped in his agreement.
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5 February 2025 | 5 replies
If one of you does not have an FHA loan, what is it you are trying to accomplish?
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26 January 2025 | 10 replies
The successful wholesalers are the ones that are direct with the seller and have done an analysis on the deal to show it can be a successful investment (always double check with your own)totally agree, I would add the don't act sketchy and present their available homes in a consistent/professional manner to buyers.
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25 January 2025 | 12 replies
., (3) gives you viable options and explains the pros and cons of each option and (4) you enjoy interacting with - this should be a relationship, not a transaction.Once you find a few lenders like this (and you should have relationships with more than one), then you can start comparing rates and fees.