Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
Just make sure you set up a LLC to rack up the required experience.
James Dugan
Fannie Mae / FHA 203k lenders for DFW?
3 January 2025 | 9 replies
This loan doesn't require any certain length of ownership seasoning or equity.
Mike Barone
Fix and Flip Hollywood Florida Townhouse
10 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $45,000 Sale price: $400,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.
Mike Barone
Fix and Flip Hollywood Florida Townhouse
10 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
Most lenders who order appraisals are required to order them through a 3rd party AMC, which can add additional costs to the appraisal but ensures that there is no lender (Or borrower) bias in regards to the values.
Isla Arshad
Tenant Pays Rent Late and now Claims Harassment when filing for 10 days Notice
7 January 2025 | 13 replies
If the latter, simply give her the notice required (eg 30 or 60 days) that she needs to move.
Colton D Lawrence
Creative ways to Improve Debt-Income to Qualify for Loan Approval
14 January 2025 | 1 reply
Because of my savings and lack of expenses, I'm in a very comfortable position to make my first move, but because my income is mid, I'm unable to meet the Debt-to-Income requirements to qualify.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
This apartment required a cosmetic renovation that is going to run me around $27,000 to redo.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
Advanced QuickBooks ProAdvisor was introduced in 2007, to get certified the requirement was: one had to be certified for 3 years in a row and had to attend 2 day in person and online courses.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.