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6 January 2025 | 10 replies
These loans do come from banks directly (Fannie/Freddie loans come from the Federal Government) so each bank that offers these types of mortgages might have slightly different requirements.
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31 January 2025 | 44 replies
Today a successful brrrr is trying to recoup as much of your costs as you possibly can lol.typically i find that people are leaving behind a small amount, less than the 20% if you bought a turn key...some see that as a win. with out knowing deal info hard to quote any rate. feel free contact me. with a decent credit score mid to high 7s for 30 years fixed. also needs to cash flow.
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5 January 2025 | 4 replies
You absolutlely need to be direct to seller or have close, personal relationships with wholesalers and active agents.
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7 January 2025 | 8 replies
@Kyle Carter My top recommendation is to begin by contacting property management companies in each target area.
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2 January 2025 | 19 replies
Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.
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28 December 2024 | 26 replies
Jerryll is very direct which I prefer.
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2 January 2025 | 4 replies
A good investor friendly agent typically does “driving for dollars,” from what I’ve heard, and they might have a direct line on off market properties.Eyes on the Future - At 19, you can stack up quite the portfolio over the next decade.
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7 January 2025 | 16 replies
Addendums can be added to a contract (in most cases), which modify the original contract, when legally executed (per the original contact terms).
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1 January 2025 | 0 replies
Does anyone have any contacts to their acquisitions team and or their current buy boxes Companies below Cerberus Capital Management, L.PAngelo Gordon & Co.GoldenTree Asset ManagementFarallon Capital ManagementOaktree Capital ManagementI own one of the largest wholesale real estate company in Florida and we are newly into Texas for single family homes.
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2 January 2025 | 36 replies
If you are looking to passively invest I would recommend finding a company that is vertically integrated so you have one main point of contact from start to finish.