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6 September 2024 | 39 replies
I just sold one of my OREO in Jackson MS.. 1 year ago as a vacant house needed full rehab I might have gotten 25k from a local for it.. just went into contract last week with a hedge fund for 71k NET to me they pay all costs and back tax's.. so something is in the water.
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2 September 2024 | 13 replies
How is water split?
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3 September 2024 | 9 replies
They may be exceeding occupancy standards.3.
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5 September 2024 | 11 replies
Borrowers many times especially if they are newer actually have no clue as to how bad it can be with these investor friendly lenders if you have a water landing..
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5 September 2024 | 15 replies
I don't ever want to retire and I don't work a standard 9-to-5.
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4 September 2024 | 10 replies
Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.
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29 August 2024 | 4 replies
We are having our roof replaced due to storm damage, however, when the shingles were removed another storm came through the area and caused a significant amount of water damage inside the house.
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31 August 2024 | 1 reply
Starting March 2025, Freddie Mac and Fannie Mae will enforce new lease standards for multifamily properties seeking financing, aiming to bolster tenant protections.
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31 August 2024 | 5 replies
@Frank Rolfe's Mobile Home Park Bootcamp is the gold standard!
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2 September 2024 | 6 replies
I added a decent amount into the house (new paint, new hot water heater, brand new kitchen, better layout) but I’m not sure if that’s enough for me to appraise for 20% equity.