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6 February 2025 | 28 replies
Ultimately, when I'm repping a buyer, I always recommend the buyer checks with the zoning when any zoning issues come up.
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23 February 2025 | 24 replies
Still need to screen S8 prospects though.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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19 February 2025 | 6 replies
After that I transitioned into an acquisitions position where I would underwrite and negotiate investment deals for my company where we were actually the end buyers.
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21 February 2025 | 2 replies
Hi Jonathan0% financing options are available for owner occupant buyers now for duplexes.
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21 February 2025 | 0 replies
The main challenge was ensuring the buyer was secured for a same-day close, but Nathan Ward’s network made it possible.
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12 February 2025 | 9 replies
He obviously signed a false statement.The buyer has a claim against the title company to pay the lien - and the title company has a claim against the seller.
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23 February 2025 | 107 replies
I am sure there are plenty of cash buyers looking for deals at 65% ARV.
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18 January 2025 | 21 replies
This means understanding the neighborhoods, pricing trends, and what buyers are looking for.
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11 February 2025 | 18 replies
I've seen already that the lender overnight's the docs and they buyer had to take them to get notarized.
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23 February 2025 | 5 replies
@Mark Toweya couple things - from the seller's perspective, it means the seller doesn't have to wait the full 30 years to get the proceeds, and from the buyer's perspective, hopefully in that 5 years appreciation and maybe some updates have increased the value such that when you refinance you don't have to bring any additional cash.