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20 February 2024 | 14 replies
We may request additional docs, or co-signer, depending on what has turned up, giving them limited time to produce them (usually one or two days max, depending on what is needed).Once we have any additional requested docs or info, we make a decision and either send out (mail or email) a standardized denial letter, or call them and advise they have been approved.
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19 February 2024 | 4 replies
I ask because I keep a comparison chart of real estate crowdfunding investments, and I’m constantly on the lookout for new and innovative platforms that I haven’t investigated yet.
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20 February 2024 | 16 replies
Some may also offer a short term bridge debt option that rolls into permanent financing at a certain benchmark, saving in refi costs.DSCR lenders as I'm using it will be permanent debt financing for many investors because these loan products look heavily at the income the property produces.
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11 September 2016 | 11 replies
Some offices have fees and others may pay expenses to cover you and expect you to produce.
13 September 2016 | 20 replies
You would almost be better off going into the lending industry and leveraging your resources to produce interest income.Purely my opinion ...
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5 September 2016 | 8 replies
It's currently rented out but isn't producing any positive cash flow, I am breaking even with it.
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30 September 2016 | 11 replies
Just don't get caught by the slight inflation this summer's lack of inventory has produced...
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6 September 2016 | 3 replies
They could list it on the MLS but that usually produces low offers.
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5 September 2016 | 5 replies
This can be something fairly minimal, so long is it produces legitimate income that you report on your taxes, such as with a schedule C.
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5 September 2016 | 8 replies
We have had other candidates who say they are self employed but our process requires tax returns - although we have had a couple who could produce the appropriate pages, most of them go on to admit they don't report it and thus are unable to verify the income.