Leo Alvarado
Creating a Project Timeline for a Multifamily Property
1 December 2024 | 2 replies
Does anyone have any excel/spreadsheet templates they use for organization and having a place where you store that budgeting and timeline information?
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
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
But even after we get everything organized, it's still just so annoying to use so slow (pages load slowly and every click on a report results in a pause while it fetches data, it's just tedious).
Julio Gonzalez
Streamlining Multiple Real Estate Services
4 December 2024 | 0 replies
If investors attempt to streamline their services, it can lead to a more organized approach to property management, lowers the risk of gaps in insurance coverage or missed tax benefits as well as simplifies communication and reduces confusion.
Colton Rickman
Renting to Community Living Program
3 December 2024 | 1 reply
We're worked with similar organizations or placement companies that help tenants in need from various situations (e.g., domestic violence).
Tiffany Da Silva
Advice needed on real estate LLC business banking & Organization
21 November 2024 | 6 replies
@Tiffany Da Silva Your proposed banking structure is effective for organization and profitability.
John Mucilli
Who is really successfully using DealMachine?
6 December 2024 | 34 replies
If it could do it what it claims to do in a more streamlined and organized fashion, it could be decent.
Raj Vardhan
Cash out Refi
9 December 2024 | 16 replies
Some portfolio or private lenders may waive this rule, so it’s worth exploring.While waiting for the 6 months, finalize renovations, stabilize the property with tenants, and ensure all paperwork (leases, receipts) is organized.
Jane Clayton
Sobriety program / Guaranteed rent paid
2 December 2024 | 1 reply
Try researching organizations like Oxford House, which operates sober living homes nationwide, or check directories like TransitionalHousing.org for recovery housing programs in your area.
Berna Geylani
Non-profit funds, no clear path - feeling lost
2 December 2024 | 5 replies
I have no knowledge of their leadership or organization.