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19 January 2025 | 9 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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14 January 2025 | 16 replies
I’ve seen that in my W-2 job, so it makes sense that the same value is applicable in real estate.
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9 January 2025 | 4 replies
For each property listed through a Section 8 website, over 100 requests for application are received within the first couple of hours.
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8 January 2025 | 14 replies
Most bankers can run live pricing to help you make a final decision without having to have your credit pulled several times or fill out a dozen applications and submit docs!
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9 January 2025 | 1 reply
Being a broker myself, I can attest to the incredible value you can bring to clients by understanding not only the brokering side of things, but the application of those funds.
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20 January 2025 | 57 replies
Sub to is just very risky for the seller as denoted in this thread.. for you the buyer very little risk unless like Ken mentions you start to fib on applications etc.
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18 January 2025 | 15 replies
You do not want to lie on an application, that is mortgage fraud.
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23 January 2025 | 15 replies
Anyone who says they "need an application fee" is a hard NO!
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9 January 2025 | 30 replies
The first misconception is that you can declare a property headed onto the market only S8 eligible, refusing to consider traditional applicants.
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4 February 2025 | 17 replies
Law is like jello, It bends with the argument and with the interpretation and application.