Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
You'll need more capital and most will require a personal guarantee and personal financial backing.
Liz Valtos
Neophyit seeks help
18 January 2025 | 3 replies
If you want to buy a rental property, most banks are going to require 20% down.
Julian Zamora
How do I pass the NMLS SAFE Mortgage Loan Originator Test?
10 January 2025 | 7 replies
If you can find practice tests, that is my recommendation - that is what I did after taking the required time component and did not have any issues passing the test.
Christopher Lynch
How To Start a Syndication ?
10 January 2025 | 9 replies
As a result any “offering” must either be a registered securities offering, or qualify for an exemption from the required registration.
Chi Lo
Questions about basement apartment
2 January 2025 | 3 replies
Interested in getting some extra income with converting the extra space in the basement into a rentable unit.Basements in a one-family home can be lawfully rented only if the following conditions are met:Compliance with the Housing Maintenance Code for minimum room size.There is a minimum ceiling height of 7 ft.The walls, as high as ground level, must be damp- and water-proofed if HPD determines that subsoil conditions on the lot require it.The basement is occupied by one family and does not include boarders.Every room must have at least one window.The bottom of any yard or other required open space cannot be higher than six inches below the window sill of any required window in the room.
Susan Sheraton
Service Link - THE ABSOLUTE WORST
11 January 2025 | 1 reply
Now more than ever, I am seeing offers required to be submitted through a portal where the listing agents want no business being involved with up front negotiations.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
I wouldn’t lower your credit score requirement or you’re going to end up needing to evict again and having turnover expenses.
Bryan Zayac
Residential Development and LP's
16 January 2025 | 1 reply
What are the density requirements?
Treza Edwards
New Construction Decatur, AL
14 January 2025 | 3 replies
I have 0 experience ground up construction loan program nationwide that does NOT require GC to sign anything, only provide proof of 3 C/O's (certificate of occupancy) over the last year I.e. built received occupancy permission now unit is on market or habitable. 700+ FICO I can get you 80%LTC loan to cost on the project on ground up construction for 1-4 units.
Allen Masry
what happens to 500k
19 January 2025 | 24 replies
Making money in real estate requires experience and starting with no or little money makes you study harder.As much as most of us probably wished for it, getting started with a lot of money in your pocket is a recipe for disaster: the temptation is to make the deal work by throwing money at it.If you want to go into real estate go with a syndicator with a good track record.