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Results (10,000+)
Jay Krietzman How to present a deal to a lender/partner
4 April 2018 | 4 replies
The borrower and the asset itself.Borrower:Your credit (are you a trustworthy borrower), are you capitalized enough to float this project/ cover the debt, track record (borrower/ contractors experience).Asset:Comps (as-is & ARV), LTV metrics (lender can help verify these if you have questions), detailed budget and scope of work, tentative schedule, exit strategy.Of course any lender/ partner will dive in a little deeper after the initial pitch but if you have all of the above ready for your initial conversation it will go a long way in getting deals approved/ partners on board.
Celina Lane Newbie in Houston TX - Katy, Spring, Cypress, Midtown...
4 April 2018 | 11 replies
Not certain how to verify that.)
Shaun Alexander New member with a big problem! Contractor wants more money
21 April 2018 | 14 replies
This way he can’t just come back with oh it cost a little more than i thought Anything you sign I would write in that the signature ONLY verifies hours.
Emanuel Vega Things you would have liked to know when starting with rentals?
5 April 2018 | 10 replies
An investment experienced realtor can also help present their own rough ROI calculations for different properties they show you, but I still recommend you do that piece on your own to verify
Nate S. Multi-Unit Property Securing with VA home loan rules questions
9 April 2018 | 3 replies
Analysis:Rental of Other Property Not Securing the VA Loan Rental income verified as stable and reliable may be included in effective income.If there is little or no prior rental history onthe property, make a determination based on review of: documentation of the applicant’s prior experience managing rental units or other background involving both property maintenance and rental any leases on the property, and the strength of the local rental market.
James Hill III Life After Ball. New Investor from Southern California
14 April 2018 | 20 replies
TRUST BUT VERIFY is something you hear often and you should.
Account Closed Fallen Tree...who is responsible?
5 April 2018 | 15 replies
Unless there was something verifiably wrong with the tree AND you reported that fact to the neighbor and the local authorities, chances are the tree is YOUR problem, and not the neighbor’s.  
Ali Zantout choosing between deal options and capital us in Kansas city, MO.
12 April 2018 | 4 replies
Unless you have verifiable numbers you should always stay conservative in your analysis.  
Russell Holmes Are there long(er)-term private lenders for owner occupied?
7 May 2018 | 12 replies
The note can be made more marketable by using an RMLO service who can document the file- the seller acts as the underwriter in approving the financing, but they will verify rent and perhaps in this case put together some non-traditional credit sources and income documentation in trying to establish ATP (Ability to Pay)   The seller could potentially sell the note at the closing table (likely around 70% of the Note Value.) 
Jen Hoang 1031exchange or buy out ex-husband
7 March 2019 | 36 replies
Also, I'm sure this can get verified (I might be wrong) but I think if both names on the deed then both have to go on next deed, but I might be getting that mixed up w/ LLC...