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2 December 2024 | 34 replies
I'll be primarily focusing on the "Slow Flip Method" for a few months to see if the juice is worth the squeeze, but essentially, you look for distressed properties in or below $30k and sell them FSBO to people with bad credit for $80-$90k with $2k-$5k down.
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5 December 2024 | 5 replies
Here's what I know based on general Fannie Mae guidelines and the specifics of your situation:PMI on HomeStyle Loans: Typically, PMI (Private Mortgage Insurance) is required on loans where the LTV is above 80%.
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2 December 2024 | 4 replies
I'm curious if this discrepancy is typical of other regions as well.How accurate is the data on this site?
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4 December 2024 | 17 replies
Also, rent typically can be increased every year.
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9 December 2024 | 38 replies
I rarely have a balance over $20k, and more typically $10k on my personal ones.
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2 December 2024 | 4 replies
It is not too good to be true as your mortgage should typically be around 50% of the rental income.
5 December 2024 | 11 replies
Hi There - We have had several clients make the numbers work here in Chicago typically with either FHA 203k and home style renovation loans.I continue to remind everyone that a single or walk right now will be a double, triple, or even a home run down the road.
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2 December 2024 | 7 replies
If I could, pick your brain a bit more, how much do you typically set aside for things like CapEx/Vacancy?
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5 December 2024 | 87 replies
To elaborate, by investing in our fund, you're essentially investing in shares of a non-publicly traded company.
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12 December 2024 | 49 replies
We have already finished speculative designs for a typical quarter hectare (2500m2) 12-17 unit boutique holiday and residential apartment complex on the south side of Tulum on the Kukulkan Road connecting the town to the beaches.