Nate Jenks
Fixed vs "first responder" Adjustable rate mortgage.
11 December 2024 | 10 replies
Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained
Fidel Mercado Gonzalez
Investing in Canadian Properties as a Non-Resident
7 December 2024 | 3 replies
It has caused problems not just with housing, but health care.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Before you know it, the whole portfolio is paid off by age 65-70, and you’ve got financial freedom without relying on Social Security.
Michael Perreira
Mid-Term rental companies
1 December 2024 | 5 replies
In addition, we’ve listed all of our properties on the Aya Healthcare housing page to directly advertise to their network.
Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
This rule is part of the Securities Act of 1933, which was established to provide more freedom for businesses to raise capital while still protecting investors.Here are the key aspects of Regulation D, Rule 506(c):Rule 506(c) Filing:Allows issuers to broadly solicit and generally advertise an offering, provided that all purchasers in the offering are accredited investors.Requires issuers to take reasonable steps to verify that the purchasers of the securities are accredited investors.Issuers must still file a "Form D" with the SEC after they first sell their securities.The rule effectively lifts the prohibition on general solicitation and advertising for certain investment offerings, allowing companies to reach a broader audience when seeking investment.Accredited Investor Definition:To become "accredited," an investor must meet certain defined criteria regarding income, net worth, professional experience, or size of the entity (if the investor is an entity rather than an individual).
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
Damn, I hate the democrats and their stupidity of pushing everything for free (free healthcare, forgiveness of student loans and debts, free rent), etc.
Abigail King
Real Estate Investing Books
4 December 2024 | 7 replies
@Abigail KingThe important ones have already been covered by others here but a "real estate adjacent"/financial freedom book I recommend is Retire Young, Retire Rich by Kiyosaki.
Liam Alvarez
Best Apps for Analyzing Real Estate Markets: Share Your Experience!
3 December 2024 | 19 replies
The data is readily available, and I will provide the data source and its relevance.To ensure we're on the same page, the goal of real estate investing is financial freedom.
Joshua Wright
Joshua Wright Introduction
28 November 2024 | 7 replies
It’s great to connect with someone who has a strong background in commercial construction management, especially in the healthcare sector.
Loan Nguyen
Cash Flow is my issue
1 December 2024 | 25 replies
Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.