Jieun KimCaywood
Got a House as a Gift and Now Starting On...
16 July 2024 | 2 replies
I am very impressed by the outstanding and discerning real estate investment professionals here, like you.
Julie Muse
Quick Flip on Garfield Street: Big Returns in Sioux City with Mark Raby!
15 July 2024 | 0 replies
The deal exemplifies our ability to deliver outstanding results through strategic investments.
Terrilynn Kelley
FHA 203K non Streamline project...hired a contractor who's not responsive
15 July 2024 | 5 replies
If there are any disputes or outstanding payments to the OG Contractor, your replacement contractor will not get paid anything until the dispute(s) is resolved.You should really hire a Certified 203k Contractor.
Zoey Inda
Should we buy out co-owners of rental property?
15 July 2024 | 1 reply
Our stock/bond portfolio is currently at around 30X expenses, plus we own our primary home with $200k outstanding on a low-rate mortgage.
Christine Helgemo
Texas Real Estate Attorney
13 July 2024 | 6 replies
I'm also curious about this particular attorney - his book on the real estate law and asset protection in Texas is outstanding!
Priestley Leng
Understanding Construction Loan Terms
13 July 2024 | 2 replies
Draw schedule to be agreed upon prior to closing.Term: 1 YearFee to Lender: 2.5 points – ($13,125 paid at closing from loan proceeds).Interest Rate: 11.5% Interest-Only billed monthly on outstanding balance.Interest Reserve: $15,000 – approximately 6 months interest, paid at closing from loan proceeds.Once interest reserves are depleted, borrower to make interest-only payments monthly.Pre-Payment Penalty: Should loan be paid off prior to interest reserve funds being depleted, a pre-payment penalty will be charged equal to the amount remaining in interest reserves at time of payoff.Loan 2: Loan amount 490,530.60Lender Points: 3%broker points: 1%rate: 11.99%Term: 12 months (interest only)Prepayment penalty: NoneProcessing fee needs to be wired before LOI can be issued
Vic Reddy
Negotiating Lender Debt due to City demolition
14 July 2024 | 6 replies
This ensures that your primary mortgage is settled, helping to alleviate the immediate pressure of foreclosure.Credit Line Payoff:In addition to paying off your lender, the refinancing solution also allows for cash out to address your outstanding credit lines.You can receive up to $15,000 per credit line, with a maximum of 9 credit lines eligible for payoff.
Bryson Rajendran
How to Find Commercials Deals Besides Relying on Brokers
13 July 2024 | 24 replies
Borrower contact information (name, address, phone number, email) Loan details (account number, loan amount, outstanding balance, interest rate, payment history) Copies of loan documents Borrower Notice: The original lender should notify the borrower about the transfer and the information being shared with the new servicer.
Dylan Ritch
How do I know what kind of investing is right for me?
12 July 2024 | 23 replies
Leverage is why RE has historically obtained outstanding returns
Julie Muse
Finsbury Drive Success: Profitable Flip in Spring Hill with Glenn Klingensmith!
11 July 2024 | 0 replies
The deal highlighted the strength of our partnership with Glenn and our commitment to delivering outstanding results.