I am down to five LMHA Section 8 houses and don't anticipate expanding that until they get their organization operating efficiently.

Anticipation of these cuts initially moved mortgage rates downwards to their lowest in nearly 20 months.

Hello, I was wondering if there are any scripts available to craft offers for BRRRR/Fix-n-Flip projects that allow use to back out if the project will cost more/inspection is worse than anticipated, while protecting earnest money.  

In light of the pending Hurricane, I am anticipating significant damage to at least 1 of the units - likely rendering it uninhabitable for a period of time. 

I've had the opportunity to see what the Attorney's version of the NoD looks like so if there was a situation where the borrower just needed their feet held to the fire and I didn't anticipate a need to go down the Foreclosure path, I feel comfortable sending an NoD letter myself, certified mail with noted stipulations to cure and outcome if not cured. 

I would anticipate about 40k gross per year based on what we get from the other STR, so I don’t think it will be strictly an appreciation play.

I agree with the "it depends" approach when it comes to determining reserves, but generally, it should align with the age and anticipated maintenance needs of the property.For example, we have a duplex built in 2003 with the original AC units and roof.

Hey Lucas, If you are a first time flipper, I would anticipate 75% on the initial purchase price/ 100% of the rehab financed. 

Especially if you anticipate making any repairs or value add pieces. 

All I can say is I’ve seen it time and time again, accuracy in your estimates, detail in your work, and anticipating future costs/market changes and building contingencies in your budgets may cost you some deals but will save your investments.