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14 May 2024 | 12 replies
Defining the class of the neighborhoods is the tough one to start that grade C out for...I have some clients unused to the mid-west who are used to high-end suburbs who consider our better areas a B- area.Personally, I classify the C- anything I verify I have easy access to my spare magazine before I enter a vacant property.
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15 May 2024 | 11 replies
There are DSCR lenders that do not have a seasoning period to use the new appraised value, however you will need to verify work was completed to improve the value of the property.
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14 May 2024 | 21 replies
For the last 3 months, etc.Per the original post, if you are only looking for syndicators that project the highest return, you are likely to end up with groups that are great salesman, but likely not the best operators.Can you verify what they say or show?
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14 May 2024 | 1 reply
Verify the interest rates and terms of the existing loans, as favorable rates can be beneficial, while higher rates might prompt you to consider refinancing later.Assess the condition of the properties thoroughly, especially since the owner is "done with them," which might indicate deferred maintenance.
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14 May 2024 | 9 replies
Verifying last 2 years of rental history very important!
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14 May 2024 | 7 replies
The initial quote came in at $11,533 which I verified the details with my assigned agent and ask what I needed to put into place.
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14 May 2024 | 7 replies
And please, verify they are 100% good renters before you offer them anything!
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14 May 2024 | 5 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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15 May 2024 | 17 replies
.- I'm not an expert in lending, so please do your due diligence in verifying this information.Rich dad poor dad is the reason I became an Investor/Realtor!
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14 May 2024 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?