
14 December 2024 | 7 replies
Quote from @Chris Seveney: Quote from @Jay Hinrichs: few things if these are sold to homeowners were the dodd frank rules rigidly followed when you did these.if they are sold to investors then DF doe not come into play.while credit and such matters keep in mind note buyers will want a 12 to 20% or more annual return..

19 December 2024 | 24 replies
They are great at selling dreams....one community that tops my mind often has foreclosure lots at $100.

18 December 2024 | 11 replies
And keep in mind private sellers and wholesalers dont help either when they wont entertain offers below ask either.

16 December 2024 | 3 replies
We're likely in decent shape the next year or so, but in my mind, inflation will be key to watch. higher inflation will mean higher rates- may be good for property values if the overall economy stays strong, but inflation will likely raise interest rates.

16 December 2024 | 6 replies
So keep that in mind.

16 December 2024 | 4 replies
This is the point that in my mind the house has reached a balance point and is stable.

17 December 2024 | 7 replies
Keep in mind that any initial rehab costs are on you until you get your first draw.If you can get work done quickly, some lenders I’ve worked with can inspect the property the next day and wire funds the same or the following day.

15 December 2024 | 12 replies
Quote from @Danielle DeCormis: DM me the address if you don’t mind.

18 December 2024 | 12 replies
Be mindful of this, and make sure you ask all the proper questions before you jump ship.

15 December 2024 | 8 replies
That also perhaps makes people more motivated to sell. 4-5 weeks....that's plenty of time to get a deal done.Good luck.