Wesley W.
Mortgage Lender / Banker in Raleigh
20 August 2019 | 10 replies
@Chris Martin It sounds like in your first paragraph you were referencing more of a Table Funder or Correspondent for such banks, where they are actually underwriting and closing the loan and than selling off the note in the secondary market or to Fannie/Freddie.
Joshua Jones
Which strategy to implement?
3 August 2023 | 26 replies
Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenants: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.
Josh H.
Rentals in Cumberland, MD
31 July 2023 | 3 replies
Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenants: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.
Mandie Holmes
Should I STR or medium term lease my Truckee / Tahoe-Donner home
28 October 2021 | 7 replies
@Mandie Holmes There's a difference in the Tahoe region for STRs (less than 30days) and everything else.
Michael Wade
Tenants' side of duplex won't stay warm in MN wint
12 June 2023 | 31 replies
The dirt slopes up to exterior wall ahead and the interior wall to the left, which is only in this cellar hallway (no corresponding wall in the room above).
Jonathan Peters
Looking for financial advise and strategy for first investment.
28 July 2023 | 9 replies
Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenants: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.
Niki C.
Tenant social security number.
26 February 2019 | 36 replies
If someone owes me rent, I have not claimed it as income, so there is corresponding loss to claim.
Alfred Hall
New build 4-plex w/ VA loan
1 August 2023 | 11 replies
Additionally, correspondence with contractors is the toughest part once you decide that you are willing to put in the work.
Anthony R.
Do you rent to Lawyers?
13 April 2018 | 50 replies
This was his response:Dear Nathan: Thank you for your recent correspondence.
Brad Gibson
When to Shoot a MTR in the Head & Abandon the Venture
3 August 2023 | 37 replies
You can then follow up with the corresponding offices to offer your property as a lodging option.