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21 November 2024 | 18 replies
Typically lenders for non recourse require the borrower to have a net worth that is equal or greater to the outstanding loan blance, have at least 1 year reserves for debt service and experience and or a track record.
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15 November 2024 | 1 reply
Purchase price: $164,000 Cash invested: $10,000 Sale price: $260,000 I purchased a townhome in an up-and-coming neighborhood with a lot of public and private investment in the Atlanta area.
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15 November 2024 | 32 replies
BTW look how incorrect you were, see this is what happens when people sit on the internet and THINK they are " learning" 44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/All the best
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19 November 2024 | 12 replies
A simple non-tech solution.
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23 November 2024 | 26 replies
Cherry South Bend INCurrent Property Status: This asset is sub-performing, which means the borrower is due for July, and foreclosure is to be referred next month if the account is not brought current.Syndication: Scottsdale REI - III - XXVIProperty Address: 172 Carlson St, Westbrook MECurrent Property Status: The borrower is currently in foreclosure, and the Fair Debt Collection Practices Act (FDCPA) letters have recently been sent to the borrower.Syndication: Scottsdale REI - III - XXVIProperty Address: 13959 465th Ave, Wilmot SDCurrent Property Status: Scottsdale was required to issue Service by Publication.
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15 November 2024 | 1 reply
Good to see public and private on projects like this.
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17 November 2024 | 12 replies
I'd compare the blended rate with how much you could get with a refinance otherwise and tell you whether it's a better idea to go with a full refinance or the HELOC route.Feel free to PM me if you don't want to share this information on the public forum.
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20 November 2024 | 15 replies
My closing costs were non-negotiable with the seller since I bought new construction, but I would highly recommend upping your offer to talk down the closing costs; use leverage to your advantage since you are young.The funding fee can be complicated and I cannot speak on how it works exactly.
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15 November 2024 | 1 reply
Using multiple platforms together and cross-referencing with public records or MLS data (if accessible) can help minimize discrepancies.