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11 October 2024 | 2 replies
It’s not just about managing assets, but people too.Market Reputation – Always perform due diligence and assess the firm’s track record through interviews, property visits, and broker consultations.Choosing a firm with these qualities ensures better management and long-term success.
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15 October 2024 | 14 replies
I have had this goal of buying my first duplex and have talked to real estate investors, realtors, lenders, appraisers and have been encouraged so much to where I am anxious to dive into this.Now that I am 18 I have absolutely no debt, a credit score of 727, I have 28k sitting in a certificate of deposit, a couple years of working consistently under my belt, I’ve also been investing in my Roth IRA, I feel very blessed to be in this situation.I am still in high school, I know it wouldn’t be smart to buy a house right now but something in me is so anxious to buy this house I know I have to have patience but I don’t know if I should start the process of getting pre approved, finding a good investor friendly realtor, lender, preparing my documents or if I should just wait.When analyzing deals in my market I have crystal clear real estate deal criteria my strategy is house hacking a duplex, price range of 500,000-600,00 in Salt lake, Utah!
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16 October 2024 | 21 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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14 October 2024 | 2 replies
Do, you have any other higher interest debts for example a credit card?
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13 October 2024 | 7 replies
Hi,I write out my screening criteria and ask for rental history and income verification before performing a credit check via Rent Spree.
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30 October 2024 | 236 replies
Consider the ones that paid $20k - $40k on their credit cards for the full mentorships, spent thousands more on data sites, thousands more still on direct mail, email blasts, then even more on SEO and SEM.
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14 October 2024 | 2 replies
Your line of credit is based on collateral.
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15 October 2024 | 1 reply
This mean't a $43k credit against the purchase price ($605k purchase price).
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15 October 2024 | 5 replies
It's not like a credit card that can keep climbing.
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17 October 2024 | 9 replies
Local credit unions or portfolio lenders may have more flexible guidelines.