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4 February 2025 | 5 replies
Hey Jonathan, I have great programs for investors and no minimum loan amount!
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3 February 2025 | 7 replies
Hi, Im trying to get some feedback on whats the best programs to do text blasts & voice blasts.
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14 February 2025 | 8 replies
It could be helpful to you (lenders will want to see lease agreements) and it is good for the family member (they actually could do a program where them paying rent increases credit).
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2 February 2025 | 10 replies
And then, with every new program manager we get it seems there is a new idea about what color scheme will be better to keep the clients calm so we repaint them walls at least with each New management change that occurs.
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2 February 2025 | 14 replies
Best bet is to try local and credit unions, possibly may have some programs for better rates.
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4 February 2025 | 10 replies
@Doug Kirk Similar to @Remington Lyman, I also use Ohio Real Title and they're great to work with (I have no affiliation)
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31 January 2025 | 6 replies
Hey Alex, There are foreign national DSCR loan programs available for your scenario: Below are the list of requirements I have found most lenders have : 1.
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28 February 2025 | 9 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Section 8: Rents are too high for the program and cash paying tenants are better overall.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsSection 8: Rents are usually too high for the program.Class C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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6 February 2025 | 2 replies
A while back, a friend of mine stumbled onto a Virginia closing cost assistance program that wasn’t widely advertised..ended up saving $5K just by asking the right questions.
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3 February 2025 | 8 replies
Develop a program coming out of college.