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21 July 2024 | 18 replies
Since I’ve always owned single family houses I don’t have experience on whether or not these type of properties are a good investment in comparation with regular homes.
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22 July 2024 | 9 replies
The lesson here is when you are shopping for rates you want to do it as close to each other as possible to make sure you are comparing apples to apples.
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23 July 2024 | 13 replies
If they report to the credit bureaus it will affect your DTI as your DTI is calculated based on what's on your credit report compared to your income.
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22 July 2024 | 9 replies
DSCR lenders will close in an entity, allowing more protection for you, and the industry has become super competitive compared to conventional.
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24 July 2024 | 10 replies
I've definitely noticed sellers asking more than what it is actually worth when compared to another property in the neighborhood that has been rehabbed better.
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22 July 2024 | 17 replies
Then, I plug the applicants into a spreadsheet so I could prove that I compare each applicant the same.
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18 July 2024 | 1 reply
I reckon I've personally acquired a least three properties on seller terms and have assisted at least three others in three years acquire properties with favorable seller financing.
22 July 2024 | 13 replies
Hi @Ryan Nelson ,You If your house is listed for $100k and the agent wants you to pay their commission for bringing the buyer, counter their offer with either:Rise the price to offset the cost of commissionsYou agree to the agent's offer and you pay the commissionYou don't sell to themHow valuable is it to you to sell quickly for higher (gross) dollar compared to waiting for a different buyer willing to pay their realtor commission?
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20 July 2024 | 4 replies
Hit me up so we can compare notes.
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20 July 2024 | 13 replies
Hi Ryan,Yes, compared to 25% and 30%, usually there's a bigger gap between 20% and 25%.