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22 November 2024 | 9 replies
They completed the review of the voucher on December 3rd AND REFUSED TO COVER THE TENANT'S RENT FOR NOVEMBER because they didn't have LMHA permission to move in.We had a home pass inspection on December 20th and still haven't received permission for the tenant to move in (January 3rd)...the tenant just had to pay for an additional month's rent at their old home and we are out another month without our rental occupied, incurring carrying costs, and risking vandalism.
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25 November 2024 | 16 replies
A solid exit plan reduces the risk of default.Check Their Liquidity: Even experienced borrowers can run into trouble if they don’t have reserves to cover unexpected costs.
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20 November 2024 | 6 replies
If it's a wholesale deal then once you find the end buyer, their funds would cover the initial deposit.
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23 November 2024 | 10 replies
If it does and you can't rent your house traditionally without covering $1,000 a month in costs, and you can't sell because the value isn't there, then you're in a pretty frustrating situation.
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20 November 2024 | 6 replies
It covers the investment process in detail and has a supportive community.
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21 November 2024 | 3 replies
You could structure a win-win situation where Investor A (the seller) gets his proceeds to cover the work on the remaining properties, while holding the note for you.
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20 November 2024 | 5 replies
My wife and I can cover $75,000 or so, but we would need a loan for the rest until we can get a SBA 7a after closing.
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2 December 2024 | 34 replies
Everything from business structure to how to find buyers to fill slow flips is covered.
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21 November 2024 | 1 reply
Since your friend covers utilities, this offsets some of your cost.
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20 November 2024 | 9 replies
Currently, less properties are qualifying (or lower LTV being offered) due to the rental income not covering the mortgage loan plus expenses.