Matthew Posteraro
Long Term Rental Analysis - Multifamily
12 December 2024 | 6 replies
Your concern about deals looking "too good to be true" with 50% down is valid, so focusing on a well-rounded analysis is a great move.Tools like Cashflow Analyzer Pro with Deal Instant Analyzer can provide a detailed breakdown of real estate investments.
Lily Jensen
HELOC on investment property
6 December 2024 | 7 replies
Additionally, we can run an automated instant valuation to save you both time and money on appraisals.Please let me know if you’re interested in getting a quote!
Chris Seveney
Getting A Deed In Lieu at closing to store away
27 December 2024 | 20 replies
In some for a deed to be effective it must be "delivered" to the grantee.
Rob Pattison
Advise on how to pay my Costa Rica property manager
8 December 2024 | 8 replies
It's totally free and transfers near instantly.
Stuart Bartle
Ready to invest in first property rental
18 December 2024 | 24 replies
Unlike Vegas, where tourism can be hit-or-miss depending on conventions or events, Florida’s Panhandle delivers steady demand every season.
Marc Shin
managing furniture deliveries from a long distance
8 December 2024 | 6 replies
The other option is I purchase furniture from a store local to the property and have them deliver the furniture all on the same day, but if I go that route then I may pay much more than if I ordered online.
Reeves Bennett
How to Scale Multiple BRRRR Deals in a Year
17 December 2024 | 14 replies
Maybe a property or two they'll do the whole comp analysis with the contracting bid and deliver it, but if you pass twice do not expect them to answer much anymore.I use wholesalers for 85% of the deals I source.
Felicia Richardson
Fannie Mae HomeStyle
11 December 2024 | 8 replies
Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.
Devin James
We Need Higher Density & Smaller Homes - Thoughts?
12 January 2025 | 54 replies
But with 40 ft lots, that same space could accommodate 179 homes.By increasing density in this way, we can deliver homes that are more affordable, while still meeting the needs of families who want single-family homes with their own yards.Higher density doesn't have to come at the cost of quality or livability.Much respect and love what you're doing at BP.
Troy DeLong
Email Marketing Campaigns
6 December 2024 | 3 replies
So, if you're looking to email your investor clients to try and raise funds, I'll have to warn you that it could very easily get your account shut down almost instantly with Mailchimp.