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28 April 2017 | 6 replies
Yes, a 750 FICO is a great start but for any real sizable LOC he'll need a solif PFS (personal financial statement), resume, and proven track record.It is possible to get a 1MM LOC for flipping at a very good rate but that would require a significant net worth and track record in flipping.Your local credit union will probably be in the 50k range with the assumptions you've provided.
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23 May 2017 | 5 replies
We work with house flippers all the time to "pre-approve" them BEFORE they make an offer so they are not putting their cash at risk.You may have 800 FICO and a great resume but a lender may decline the PROPERTY if the numbers don't work.
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27 April 2017 | 25 replies
Also having a degree will just put your resume closer to the top compared to someone without a degree.
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1 May 2017 | 5 replies
For instance, funding A with your reserve checking account and funding B using your business line of credit.Essentially, I am getting that a good rule of thumb is the one should generally not work on more than a deal at the same time, regardless what the aggressiveness and risk profile the investor has, precisely because the underwriter can pull the rug unexpectedly at the last minute, and we don't want that.In my example, A has to close first before resuming talks with B (assuming the market hasn't taken over B yet).
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4 May 2017 | 10 replies
And I have a Honeywell thermostat that is wifi, that just has a few basic options of moving the temp up or down or resuming the schedule, which is all I need.
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20 May 2017 | 5 replies
Does the clock stop ticking Friday night and resume on Monday morning?
23 May 2017 | 12 replies
I feel that will give me the confidence to move to multi-family and also make it easier to partner up with someone if I have positive results in my resume.
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31 May 2017 | 0 replies
I can forward my resume and transcript to anyone interested.I will have full availability in August, but for now, I have availability on the weekends.
24 July 2017 | 2 replies
I have put together a short "resume" to handout to the local agencies, much like the flyer I used to get my first job.
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31 July 2017 | 5 replies
Im looking to start at wholesaling and anxious to get my first deal done so that i can be that much closer to building a reputable resume.