
28 August 2024 | 22 replies
Almost zero positive feedback actually so that really answers my original question.

27 August 2024 | 43 replies
Originally posted by Ann Bellamy:I also have a source that I broker to who does 100$ financing, but the program is so expensive that there are few takers.I'm curious Ann, what are their rates and terms?

26 August 2024 | 24 replies
It will state broker origination or just origination fee.It's a bit of an accounting gimmick.

23 August 2024 | 3 replies
I generally don't set a number I look at credit history for lower scores if it is a medical issue I will view differently than if you just are overburdened by debt and just not paying.

27 August 2024 | 22 replies
Numbers are favorable for HML, 2% origination fee, 12% interest, 90% LTV/100% rehab.

27 August 2024 | 9 replies
Yes, on the original contract it states "My Company, or designated entity" and yes, I told my realtor it was being assigned, and also forwarded the assignment contract to title, all prior to the deal falling apart.Would that change things at all?

27 August 2024 | 7 replies
You may be able to call the servicer and provide the original loan docs to show that it was not supposed to report to your credit.

27 August 2024 | 8 replies
I originally paid 143K for the place. 1.

23 August 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

26 August 2024 | 73 replies
Originally posted by @Ron Fletcher:@Andrew CarlsonSo here is a great chance to keep turning it around.