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30 January 2025 | 0 replies
Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.
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2 February 2025 | 8 replies
Loopnet has some comp information, but requires a paid (and not cheap) account to see it.Commercial properties are generally valued based on income, not comps per se.
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1 February 2025 | 56 replies
“it is VERY hard to screw up when buying i.e. a duplex in good condition in a desirable neighborhood and either self-manages or hire a quality PM to manage.”excellent point
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3 February 2025 | 0 replies
I am based in Virginia and licensing requirements here seem manageable.
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31 January 2025 | 8 replies
@Franklin PerezGetting your real estate license can be a smart move if you want MLS access, networking opportunities, and savings on commissions, but it comes with costs and disclosure requirements.
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27 January 2025 | 3 replies
While they often require some level of repair or renovation, the potential for significant returns makes them an attractive option for many investors.Why Invest in Distressed Properties in Phoenix?
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31 January 2025 | 20 replies
Scott Johnson refuses to comply with an arbitration and non disclosure agreement with us, we have offered him to enter into binding arbitration, which is required per our terms of service and agreement he signed.
31 January 2025 | 6 replies
The key to this is finding a HML that doesn't require access to the property for an appraisal.
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7 February 2025 | 4 replies
I was ready to submit an offer, but I called my GC first, and he strongly advised against flipping in Coronado due to the strict permit requirements.
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5 February 2025 | 6 replies
Your interest rate, on a fixed rate loan, should remain unchanged and your mortgage should not be called due.However you should still confirm that this is the case with your lender (and read your mortgage commitment) out of an abundance of caution and because some loans and programs do require a longer seasoning period.