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27 July 2024 | 19 replies
If they made one that looked more like a traditional lockbox, or if erentallock offered a standard lockbox, I would immediately begin purchasing those as well.
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29 July 2024 | 16 replies
They show on your tax returns, and bank statements.There are many underwriting tools to expose private money ones that claim they don't report to the bureaus- they also sell and securitize the loans so what they told you on the phone is of no value, they get reported.All NonQM standard DSCR loans show on your credit report.DSCR gone bad shows online, in court records and in the curbside view (property appears distressed and attracts code violations/fire inspections and investigations...
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27 July 2024 | 26 replies
that is not how cash flow works.it's also going to be challenging to get lending on properties priced that low - it may be difficult to get standard conventional financing.and finally, the lowest prices are going to be in the most challenging neighborhoods... which will come with additional challenges.some suggestionscan you spend some time researching neighborhoods more broadly, going to REIA meetings, and building a network?
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26 July 2024 | 2 replies
I get a standard 5% discount on everything plus points that build up.My best recommendation for you is to work through their Pro-desk.
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26 July 2024 | 10 replies
We include utilities at all of our MTRs and I believe that is pretty standard.
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25 July 2024 | 3 replies
I’m rehabbing the duplex before renting it out so I already know I’ll have to make sure everything is up to section 8 specific standards.
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25 July 2024 | 1 reply
On top of that being that the property was occupied (delivered vacant) it was in great shape and didn't need that much work to bring it up to market standards.
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26 July 2024 | 14 replies
And there is a loyalty program after three paid off deals in good standards where rates/fees drop nicely to beat the 10-20% down programs.
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27 July 2024 | 15 replies
In my market, if I do not remove contingencies or change the standard agreement I have 17 days to pull out for whatever reason I desire.
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25 July 2024 | 20 replies
I am assuming you closed through escrow, used a standard real estate contract and met the deadlines described in those agreements.