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Results (10,000+)
Fiona Layne-Germin New real estate investor recommendations
22 November 2024 | 12 replies
If you're ok with roommates and generating some leases, ground rules, and interviewing folks before they move in, you really can't go wrong with house hacking.
Michelle Sharko Home equity loan
19 November 2024 | 6 replies
Hello Michelle, In order to qualify for a Heloc you will need to qualify just like you would when applying for a regular conventional loan.
Account Closed 11 Places to Find Foreclosure and Pre-foreclosure Listings
26 November 2024 | 3 replies
It is delinquent enough (Greater than 90 days but below 120 days(can't file first legal until after the 120th day by federal rule (Except under very very specific circumstances)) to where the lender or servicer has sent the breach letter (Notice of pending foreclosure) with an expiration date that the loan will be referred to a foreclosure filing (Trustee/attorney) if the borrower(s) don't cure the breach within that defined period of time.* A notice of default is not a letter sent by a creditor saying they are late.
Matt Thelen "Did you hear back?" email to renters from Zillow
19 November 2024 | 1 reply
If you're a renter on Zillow and ask a question, request a tour, or request to apply, Zillow sends a message like this to get in touch.On the tour side, they also may ask a survey.
Rene Brodowsky Are there HELOC lenders that understand the Detroit market?
20 November 2024 | 4 replies
I'm applying for a HELOC on my rehabbed house in Detroit (primary).
Julio Gonzalez Real Estate Grants
19 November 2024 | 6 replies
But most importantly, they do not need to be paid back.Funding Sources:Local Government/MunicipalitiesState GovernmentPrivate FoundationsFederal GovernmentFamily OfficesCorporationsWhen applying for a grant, ensure you have an understanding of the details such as eligibility, your project readiness, the purpose, funding amount, areas of funding, limitations and deadlines for the application.The prime candidates for a grant are 1) those developing a real estate project or physical space, 2) scaled non-profits and 3) certified non-minority owned businesses.Ensure you are able to provide the following documents before applying for the grant:Show site control through documentationA project description or business planConceptual drawings or renderings of the physical spaceProfessionally prepared budgets for the company and projectWhat does the grant application process look like?
Jimmy Wellman I'd like more specificity about the ROI on an average flip. Can you help?
20 November 2024 | 5 replies
The 70% rule suggests buying a property for 70% of its ARV minus repair costs to ensure profit.
Carsten Mortensen Due Diligence on a wholesaler
21 November 2024 | 12 replies
Wholesalers typically do not carry Errors and Omissions (E/O) insurance, so even if the court rules in your favor, they might not have the financial means to compensate you.Furthermore, ensure that a reputable title company handles the transaction, as some companies may cut corners.
Amanda Skipper First time out of state investor
23 November 2024 | 38 replies
Here's some other copy & paste advice you might find useful:---------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Patrick Flanagan 1st time 1031 exchanging
21 November 2024 | 3 replies
The rules are as you stated. 45 days to identify up to 3 properties you might buy, 180 days to close.