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9 January 2025 | 28 replies
It took 6 months of market research (you won't reinvent the wheel), 2 months to build spreadsheets (analysis paralyze), 6-7 house tours (leverage a local RE agent), and 30 days to close with a conventional loan.
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12 January 2025 | 11 replies
Hey Daniel, you can use a platform like Avail that will give you all the info you need to know like:-Credit score- criminal record-eviction historyYou will also need to gather their:SSNIDPaystubs and 3 months bank statementsat least 2 past landlord references.If all the above check out, you likely have a great tenant.
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7 January 2025 | 0 replies
Loan: Bank Statement, $4,300/month PITI.
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7 January 2025 | 1 reply
When finished, I re-financed and paid back all my friends and family + interest in 10 months!
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13 January 2025 | 11 replies
The rehab will be completed this month.
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19 January 2025 | 9 replies
All they ask for is your last two months bank statements.
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3 January 2025 | 40 replies
Everyone should shoot for their worst door over $500/month, that is awesome.
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5 January 2025 | 2 replies
I don't have personal experience with it, but when the app was first developed, I contacted the developer and put the app through a fairly robust test usage to see if it's something I would want to recommend to my clients (I'm a CPA).I think the app is great for its intended purpose and I do recommend it to my clients now (and have for about 18 months now).
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8 January 2025 | 27 replies
Curious about the reason, I consulted my home insurance broker, who informed me that the property had a water damage claim filed a few months ago, which is causing insurers to be cautious.This information surprised me, as it had not been disclosed by the seller.
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16 January 2025 | 10 replies
This will vary based on region but in general 2 – 5 points, 9% - 16% APR (meaning this is the annual rate so divide it by 12 to get the monthly interest amount), and documents fees can be from $600 – $1,900.