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17 October 2024 | 9 replies
If you pay rent while in Aspen, that housing expense will be factored into your DTI ratio (e.g. total rent paid in 5 months divided by 12 months).You should be prepared for your loan file to go to an underwriting manager for second-level review on account of the occupancy risk associated with your primary home being located so far away from your work.
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14 October 2024 | 12 replies
I've been investing in the stock market for 30+ years, but am at the point where I'm ready to diversify more into real estate.I've been lurking on the forums here for quite some time and I am amazed at the value of the posts and level of knowledge that exists here.
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15 October 2024 | 5 replies
On a high level, I would house hack a MFU.
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17 October 2024 | 14 replies
So, while the news sounds grim, Florida's real estate is still strong—especially in high-demand areas like vacation spots.Let’s keep adapting, and I’m confident things will level out.
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15 October 2024 | 1 reply
With a growing energy and financial industry, Houston continues to attract high-level buyers looking for a balance between urban living and tranquility.Dallas-Fort Worth: The Dallas-Fort Worth region is experiencing a boom in luxury properties.
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14 October 2024 | 19 replies
Your tenants will only be able to continue paying their current rent if new companies move into the area, creating replacement jobs with similar wages and skill requirements.
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14 October 2024 | 1 reply
I am not sure if an attorney review will help with this, specific, basic level of knowledge.Just like an attorney likely won't call out, from a legal perspective, that you are investing with a sponsor who is 23 yrs old and been a residential loan underwriter for 8 months before trying to piece together a syndication.
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13 October 2024 | 6 replies
I had a client right after Hurricane Michael who initially got offered half of what his damage actually was worth, but a skilled adjuster managed to get him a much more reasonable payout.Keep a Backup of All Your Documents:Store both digital and physical copies of everything-your insurance policy, receipts, photos, and videos.
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14 October 2024 | 0 replies
She was overwhelmed and needed help, so we stepped in to take care of everything for her.What made this deal different was the level of support we provided.
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11 October 2024 | 17 replies
And how do you usually assess the level of risk in situations where the borrower might not have as much at stake?