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13 July 2024 | 0 replies
I used a program in Minnesota to finance a small downpayment with a no-interest loan, then had a loan from my parents to fill in about $5000 of costs.
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14 July 2024 | 7 replies
One of my strategies will be to put money into energy efficiency to decrease heating costs, and increase my cash flow - Maine has some good loan programs/rebates that can really help tighten up a building, and finance efficient heating, so I'll be taking advantage of those.
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9 July 2024 | 0 replies
Has anyone had any experience with a Rental Rehabilitation Program when purchasing an investment property?
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13 July 2024 | 3 replies
We now ACH payments direct from borrowers accounts by a process that is automatic without the need for human intervention, those payments are automatically recorded, and the program we use ACHs distributions into our investors accounts.7.
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13 July 2024 | 9 replies
There are programs like Avail and Stessa that do this and aren't too expensive. 3) It's tempting to just use a spreadsheet when you have one property but before you know it you have several and it's a pain to switch over to an actual system.
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12 July 2024 | 19 replies
You could advise them to look into programs for emergency rental assistance.
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12 July 2024 | 6 replies
As you are probably aware FHA rules state "FHA’s single family programs are limited to owner-occupied principal residences only."
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12 July 2024 | 14 replies
What sort of problems have you run into with assistance programs?
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14 July 2024 | 26 replies
Not sure what anyone's problem is with John Jackson's program, but I have had it for a couple years and use it all the time.
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14 July 2024 | 11 replies
Not done it personally but I've helped investors do it.Keep in mind that most programs will require you to have cash reserves to do it.