Kenya Maclin
New member from Missouri
3 May 2016 | 6 replies
This list would contain the zip code and corresponding name of the municipality, and a breakdown of the number of SFRs.
Ryan Mainwaring
New member in Columbus, Ohio
27 September 2016 | 17 replies
This list would contain the zip code and corresponding name of the municipality, and a breakdown of the number of SFRs.
Mike Holland
Tenant forfeited security deposit with repairs needing to be made to the property.
23 February 2015 | 19 replies
He did send me quarterly walk through's though and i do have ask email correspondence with the tenants too.
Challenor Jack
Newbie to Notes
1 December 2016 | 15 replies
That licensed servicer will keep your loan in compliance along with doing proper accounting and tracking correspondence.
Joseph Sessel
Raising the Rent in Topeka, Kansas
7 May 2015 | 2 replies
If a prospective tenant looks at 5 houses in the $1,100 to $1,300 price range, I am confident that my house is the nicest/biggest/best out there. 3) Don't Manage by Fear: When you raise the rent of a stable property by $1, you raise your net income from it by $1 because there will be no corresponding increase in operating expenses.
Uy NGUYEN
Diary on my 2nd rental deal
10 May 2015 | 1 reply
I was introduced to a local correspondent lender, they have flexible terms and work with you, instead of saying no, they give you a list of what's needed to be done to get you qualify.So the best loan at the time, where you can leverage high DTI and low down payment was an FHA, you can actually buy single res to 4 plex as owner occupied FHA loan.
Brian Anderson
Shopping for a Mortgage
19 February 2017 | 3 replies
They are simply acting as your "agent" and correspondent with a large pool of lenders to shop your deal for best rates and terms available.
Vincent Priore
Buying Commercial Property that houses my business
24 September 2016 | 11 replies
SBA's regulations on leasing require that the small business occupy at least 51% of the rentable property if the 504 project is for an existing building and at least 60% of the rentable property (with the intent to move into at least an additional 20%) if the 504 project is new construction.Eligible Borrowers: For-profit, non-publicly traded businessesTangible business net worth (including affiliates) not to exceed $15 millionAverage net income of the business not to exceed $5 million over the previous two yearsOwnership must generally be comprised of 51% U.S. citizens or Legal Permanent Residents (some exceptions apply)Examples of Property Types Fountainhead Finances:Medical offices or medical facilities (such as labs and clinics)Office buildings (including office condos)Warehouses (and other industrial properties)Day care facilities (for children or adults)Free-standing restaurantsLimited-service, flagged hotels (some unflagged destination hotels will be considered)Auto repair shopsAssisted-living facilitiesCall to ask about many other property types that are eligibleIneligible Borrowers: Non-profits (except sheltered workshops)Passive holders of real estate and/or personal propertyLending institutions (mortgage brokers and correspondent lenders are eligible)Life insurance companies (franchised agents are eligible)Businesses located in a foreign countryBusinesses selling products or services through a pyramid planGambling concernsBusinesses which restrict patronageGovernment owned entities (excluding Native American tribes)Consumer and marketing cooperatives (producer cooperatives are eligible)Businesses engaged in loan packagingBusinesses that have previously defaulted on a Federal loanBusinesses engaged in political or lobbying activitiesIneligible Use of Funds: Working capitalInventoryRolling stockBusiness “good will” or “blue sky”
Jack Lewis
leins
16 July 2014 | 4 replies
., via written (certified) correspondence, use good judgement on how you use the file.
Eric Baum
Birmingham Market for SFH Buy & Hold
22 March 2016 | 33 replies
There's also plenty of suburban SFH areas that will go to families anywhere from 800-1600/month, but as the rents go up the corresponding all-in costs increase by even more.