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Results (10,000+)
Miguel Suarez Moving From California to Kentucky
10 December 2024 | 3 replies
My work is located in Louisville, Kentucky but I don't mind driving 20-30 or a little more.
Stanley Clervil Advice on starting portfolio
12 December 2024 | 2 replies
I’m located in Pembroke Pines, Florida.
Wiley Underwood Cost-Segregation Study Recommendation?
10 December 2024 | 11 replies
@Wiey Underwood Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.
Veronica Taylor NYC......Eric Lee —fake listings?
14 December 2024 | 11 replies
Read other reviews from a few year ago on other sites from people who have tried to locate him.
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.
Tisha Cole BEWARE Lender SCAM - Prime Access Loan
12 December 2024 | 5 replies
My loss was only $500 BUT I didn't follow my instincts and I got burned.Please BEWARE of an email from Jason N Coogler from Prime Access Loan located in Perry, GA.
Madeline Walsh 3 flat in Chicago
12 December 2024 | 7 replies
I'm not sure exactly where you are located, but you've made a great connection here with @Jonathan Klemm if you need contractor help.
Gabriel Williams Lots of requests for mid term rentals
12 December 2024 | 6 replies
Most of our properties are located near downtown hospitals, making them an ideal choice for these renters.
Matt Stull Buying a STR in Red River Gorge
11 December 2024 | 8 replies
It is located in a recreational community so other cabins are around it.
Joy McQueary Multifamily // Cash Flow & Appreciating Markets
13 December 2024 | 13 replies
@Joy McQuearyRecommend 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 property in Class D area to Class A standards, what quality of tenant will you get?