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9 January 2025 | 43 replies
I was trying to use the basic version today and uploaded some records and it looks like I can do anything with it!
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15 January 2025 | 29 replies
The goal is for them to prove a track record of payments and leverage that to refinance with a traditional lender into a lower rate.
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8 January 2025 | 13 replies
We don't have them recorded, just signed as another layer of protection.
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14 January 2025 | 11 replies
If you look at the most valuable programs, they focus one specific strategy which the coach has personal experience in with proven track record.#2 What about the best focused coaching program that covers Wholesaling.- Yes this is what you can enroll in once you've educated yourself using free BP resources.Hope that helps, I am in Dallas also reach out to me if you need help in getting started..
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1 February 2025 | 56 replies
Wraps cost more and take longer (legal fees, recording fees, servicing fees, etc) compared to a SubTo.
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12 January 2025 | 7 replies
LLCs are a legal tool, not a tax one.Transfer from personal name to LLC/Due On Sale ClauseIf one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.
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13 January 2025 | 16 replies
Always keep record of where you told your insurance company that the property was being used for STR.
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6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.
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8 January 2025 | 3 replies
Second, people with criminal records are in need of housing and have made great tenants for us.
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13 February 2025 | 123 replies
For a facebook group and glorified YT videos he already has for free on TY and recorded zoom trainings that take forever to get to answering simple questions.