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28 October 2024 | 8 replies
If not a rate and term refinance into conventional loan will help you save more on your monthly payment because you lose FHA MIP.You are allowed to put up to 10 properties on your personal credit.
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4 November 2024 | 34 replies
For properties like these, the condition and price often don’t warrant upfront financial vetting, and too many barriers can add friction to the process.When it comes to lead times, I agree they’re essential for occupied homes—if tenants are involved, a 12-24 hour heads-up allows everyone to prepare.
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22 October 2024 | 7 replies
I was a former trader on Wall Street and now work at a property tech startup.
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31 October 2024 | 24 replies
Or buy a fixer upper and work on renovating (valuable learning experience if damage not too extensive) during college years then sell and keep up to $250,000 tax free profit as your primary residence allows.
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29 October 2024 | 13 replies
@Andrew Syrios nice idea, will you allow clients to opt-in?
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28 October 2024 | 4 replies
Another thing to note is that a lot of lenders don't allow wholesale transactions or will only finance a portion of any assignment fee, so make sure you speak with your lender about that.
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31 October 2024 | 17 replies
Deciding between an SFR or a BRRRR strategy can really depend on your risk tolerance and the type of cash flow you’re aiming for.The BRRRR method can be great for long-term equity building and maximizing your returns if you’re up for a more hands-on approach, especially in markets where property values allow for renovations that increase value.
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29 October 2024 | 9 replies
Historically cleaning fee's reflected pre-Airbnb the way that Mom and Pop joints allowed customers to pick if they would clean up the cabin or if the resort did.
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29 October 2024 | 16 replies
This creates a more personal connection and allows for a better discussion about the property and financing options.### 3.
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29 October 2024 | 24 replies
Wouldn’t an FHA 203k loan allow you to buy a distressed property considering the loan includes renovation costs?