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3 October 2024 | 7 replies
The list of docs I have include:PSAMemorandum of AgreementAffidavit of LiensDue on Sale DisclosureAuth to Release InfoGen Warranty Deed (as the bank holds the title at the moment
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30 September 2024 | 8 replies
Planning to purchase in Phx,Az and surrounding areas, my equifax score is 700, experian 645,no debt whatsoever, have 1099 for 2022 and 2023 (required 2yrs), on my 1099s it says i make 135k per year, do not have tax returns (yea, yea), im planning to first start with my bank wells fargo.This would be my first home and at 1st plan to live in it, possible house hack, going for a -$300k loan. should i go traditional, fha , i plan to be on a fixed rate so I dont get surprises later on.In my situation, what down payment amount do you think will be needed .
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5 October 2024 | 1 reply
As long as you focus on maintaining the property and keeping rents fair, there will always be tenants looking for affordability, especially in urban areas.Financing Options: When it comes to getting capital, there are several avenues you could explore, such as local banks, international lenders, or even partnerships with other investors who share your vision.
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1 October 2024 | 4 replies
I think the worst are the ones that will say they can do something for you or bring something to you then do nothing at all/fail to follow up or stay in touch (lack systems, organizational skills, and actual work to produce).
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28 September 2024 | 14 replies
Why don't they just develop a relationship with a bank (or banks)?
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3 October 2024 | 3 replies
Anyway, I need to engage a good RE attorney to negotiate with the bank on my behalf.
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30 September 2024 | 4 replies
I have a D&B account associated with it, a bank account(I will be moving to another bank at some point in the next few months), and I have a business credit card.Should I dissolve the LLC, or change the name?
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2 October 2024 | 38 replies
We have a supply issue because banks stopped lending to builders other than one or two at a time for spec builds after the bust in 08 so they were limited in being able to grow the supply.
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1 October 2024 | 26 replies
So if the payment did not process until midnight but Forte pulled the payment at 6PM (they used to pull ours at 4:30 PM until we changed to to midnight for the reasons listed above) there were occasionally failed payments that the bank would have not known the reason why.
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3 October 2024 | 11 replies
If not (or if they fail to respond), I send them a 30 day notice to quit when I'm 30 days out from the end of the lease - in accordance with the Michigan eviction process.