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22 January 2025 | 2 replies
Usually when I close on a house, the insurance company sends out somebody to do a visual inspection.
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23 January 2025 | 2 replies
Loan officers with 25 years of experience typically are more experienced, and have less time per file, because they have an abundance of files.Loan officers with 25 months of experience typically are less experienced, but have more time to devote to you.I can't write my own loans, so when I'm getting a loan I prefer working with less busy people when I'm doing my own real estate investment, they're more responsive and dedicated it feels like.
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24 January 2025 | 3 replies
You borrowed $388k and you’ve paid your loan down to $384k with your $30k in payments.
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23 January 2025 | 8 replies
Converting properties to multi-family is considered extensive rehab and those programs are a little more exclusive than the standard bridge loan programs.
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21 January 2025 | 6 replies
I did go look at it, knew it was accessible by dirt road, and did a lot of research into who owned the easement.Won the auction, paid a tax title company to get clear title (right of redemption is 3 years).
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24 January 2025 | 4 replies
We use a construction loan to build a 4bed 4 bath cabin.
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10 February 2025 | 9 replies
Instead, all the money from Subto goes to a company called New Reach.
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16 January 2025 | 40 replies
What we did was open a holding company, and the LLC that owns the RE and management company under that.
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28 January 2025 | 2 replies
Bank pushed us to 40% down payment so also executed a $85K seller carry-back loan to cross the finish line.
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21 January 2025 | 10 replies
I'm going to ask my insurance company.