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12 August 2012 | 32 replies
As for age, I've probably got a few years on you, but...my philosophy is that I'll never be younger than I am today, so make the best of it!
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3 January 2015 | 17 replies
The broker provides backroom operations for agents, the broker must be paid somehow.You can become an agent, your best solution and you can have a non-licensed staff but their duties are administrative, they can't show or sell, sign contracts or give prices to the public generally.
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21 February 2015 | 7 replies
It is not SUPER competitive here yet but, it is getting there and the low hanging fruit type deals are fewer and farther between but, We are still able to get 70%.
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5 July 2016 | 8 replies
From Fannie:Borrowed Funds Secured by an AssetBorrowed funds secured by an asset are an acceptable source of funds for the down payment, closing costs, and reserves, since borrowed funds secured by an asset represent a return of equity.Assets that may be used to secure funds include automobiles, artwork, collectibles, real estate [EDIT: eg, a HELOC], or financial assets, such as savings accounts, certificates of deposit, stocks, bonds, and 401(k) accounts.Secured Loans as DebtWhen qualifying the borrower, the lender must consider monthly payments for secured loans as a debt.If a secured loan does not require monthly payments, the lender must calculate an equivalent amount and consider that amount as a recurring debt.When loans are secured by the borrower’s financial assets, monthly payments for the loan do not have to be considered as long-term debt [EDIT: in other words, 401k loans are not only acceptable, but we don't even hit your DTI with the payment].I like to push things; I've been waiting for an opportunity to use artwork-secured debt for ages but it's never come up.
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23 July 2016 | 9 replies
Low hanging fruit.
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2 September 2015 | 23 replies
It is quite probable that areas in different parts of the City may see properties selling at different CAP rates based upon desirability and risk.You also must remember that CAP is a course indicator of valuation - you would still need to examine the particular deal and make adjustments for age of the property, state of repair and current performance.
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1 June 2016 | 15 replies
I plan on making another forum post asking for agent's to essentially reach out me based upon my market and strategy.
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25 August 2016 | 2 replies
Hi all, I'm looking for a investor friendly real estate agent in the deer park, pasadena , La porte tx area
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28 November 2017 | 48 replies
It's more difficult for agents to work with FSBOs than fellow agents.
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17 July 2018 | 115 replies
This shows that some people have lots of time and may be spending way too much on social media instead using that valuable time in doing something fruitful or creative.