Desiree Rejeili
Two Resources That Can Help You Buy a Home Right Now
30 January 2025 | 0 replies
Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.
Sabian Ripplinger
should i use hard money to grow quicker
23 January 2025 | 7 replies
Typically this means they will take longer to close, may not have all the information for the companies they work with, and most hard money brokers get their money by taking an existing product and adding extra points to pay their fee.What is your investor success rate?
Justin Snead
Becoming a Real Estate Agent Best Advice.
14 January 2025 | 5 replies
There are a lot of websites that offer the course online, or if you have a college near you, they also typically offer a class that satisfies the pre-licensing requirement.
David Fals
SFR or MFR starting out??
25 January 2025 | 3 replies
Typically will be rent by rent strategy (which is tough for none owner occupants) or College rental.
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
This would typically include legal fees, the receiver's fees and costs, and the repair costs.
Kris Kempe
Subject to exit strategy PLS HELP
22 January 2025 | 13 replies
The other markets are in southern states.My buyers are typically the "trades".
Geoffrey Serdar
Engagement Fee for a loan: LENDBASE
29 January 2025 | 31 replies
The typical fee they charge up-front is $4,000, but they were able to get $5,000 out of me because I was new and nieve to the commercial lending agency.
Sundone Boutvyseth
First investment property for less than 10% down
30 January 2025 | 21 replies
This requires 10% down and you typically just have to live in the property for 14 days out of the year.
Lauren Ruppert
Can an LLC (sole proprietor) sell a property to an LLC belonging to a son/daughter?
22 January 2025 | 5 replies
If so you need to fall into the guidelines (for the investor whos funding it) regarding non arms length transactions.The most common scenarios they typically prohibit are:- Gifts of Equity- Bailouts- Leaseback OptionsAt the end of the day it needs to be a legitimate transaction, with legitimate funds coming into close.
Brenden Stadelman
Is The Investers edge legit?
27 January 2025 | 17 replies
Typically high fees, but still half of what I was being charged by the investors edge.