Don White
Property Manager in the Houston, Texas area needed
4 August 2024 | 15 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
Michael Guido
Anyone hear of Vestright land deals
6 August 2024 | 49 replies
They are new and can't provide verification of student success.
Wogderess H.
accredited investor registration?
31 July 2024 | 4 replies
When it comes time to actually invest, you will typically be required to show some sort of verification - either a signed financial statement if you meet the requirement on net worth, or income tax returns if you meet the requirement on income.
Teia Guber
Multiple Evictions and Lost Rent: Is It Worth Pursuing Tenants for Damages
31 July 2024 | 16 replies
Take a more in-depth look into their employment and income verification.
Fendy Jn pierre
Help making sense of estimate
1 August 2024 | 5 replies
Lender Fees $1,640.00Discount Points $4,680.00Appraisal Fees $825.00Credit Report Fee $25.00Tax Service $68.00Credit Technology and Verification Fee $75.00Title Fees $836.50Owner's Title Insurance $513.00Lender's Title Insurance $2,507.00Transfer Taxes $9,626.00Recording Fees $519.50Total Closing Costs $21,315.00Prepaid Interest 2 days @ $87.53 /day $175.061 year Insurance Premium $1,500.00Property Taxes $3,632.04Insurance Escrow Reserves 2 months @ $125.00 /month $250.00Tax Escrow Reserves 2 months @ $302.67 /month $605.34Total Loan Prepaids $6,162.44Down Payment $90,000.00Total Estimated Due at Closing $117,477.44Loan ProgramPurchase Price $450,000.00Total Loan Amount $360,000.00Interest Rate 8.875%APR 8.337%Product Indigo Edge NonQM 30 Yr FixedYour Monthly housing breakdownPrincipal & Interest: $2,864.32Insurance: $125.00Taxes: $302.67TOTAL $3,291.99
Michael Furey
Best option to refinance a flip for a rental and get my money out of it
1 August 2024 | 9 replies
A second position HELOC will typically only go up to to 80% LTV.
Dylan Speer
Condo Reconstruction Nearing Completion & Need to Get Out
31 July 2024 | 7 replies
@Dylan Speer sell it, come up with the negative money balance, write the loss of on your taxes and move on with your life.You can sell it "subject to" to someone looking for a home with no money down and save on Agent commissions?
Krishna Surendra
Seeking Recommendations for Property Management Companies in St. Louis
30 July 2024 | 4 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
Kevin G.
Seeking Advice: Real Estate Platform for Deal Posting vs. Investment Partnerships
29 July 2024 | 0 replies
This would include user verification, deal posting, and investment tracking.Pros:Higher potential for user engagement and transaction volume.Addresses a more significant need in the real estate investment space.Potential for greater revenue through transaction fees and premium subscriptions.Cons:More complex to build, requiring robust user verification and secure transaction handling.Higher initial investment of time and resources.I have already received strong positive feedback from my Dealsletter subscribers, with many expressing interest in a more comprehensive platform.
Harshit Tewari
Considering purchasing an already tenanted section 8 property in Detroit
29 July 2024 | 6 replies
Most S8 tenants have credit scores under 580, so that's not really going to help.Maybe if you checked 36th District Court records for any landlord-tenant issues...If the seller (or their PMC) actually did a Verification of Rent (VOR) with the tenant's last 2 landlords, you might find out they left a lot of damages when they moved.