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30 November 2024 | 0 replies
A good broker remains transparent throughout the process, providing regular updates on loan applications, lender responses, and any emerging challenges.
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7 December 2024 | 150 replies
BTW, buying a note from anyone, you can take on all the past liabilities associated with that note from it's application and origination.
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11 January 2025 | 420 replies
My take on this discussion is this:Anyone can take whatever time and effort they want to argue that it doesn't / can't work (it does / can), or you can just do it and enjoy the benefits.It's not applicable to every situation - stop trying to force this square peg into a round hole.There's no "secrets", no "magic" to it.It's meant for situations where the way it works can help someone achieve their financial goals.
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20 November 2024 | 4 replies
I currently have 483 clicks on my rental listing, which has led to 3 chats over FB messenger, but so far 0 applications.
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2 December 2024 | 21 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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25 November 2024 | 6 replies
The availability date does not have to be a future date.As for processing applications, we try to complete them within 24 hours, starting from the point we have a complete application.
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1 December 2024 | 4 replies
. - that were new when the S8 tenant moved in 1-2 years ago.Another challenge of finding S8 tenants is many EXPECT you to waive application fees and security deposits.
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6 December 2024 | 21 replies
Having someone to help you navigate challenges, anticipate issues, and give you personalized feedback as you build your own path is incredibly valuable, especially as you're just starting out.While paid options with specific systems might seem appealing, I agree with you that the key is finding someone who can provide ongoing, situational guidance, particularly someone who has experience in real-world application.
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5 December 2024 | 22 replies
Those goals are very specific to my situation and not necessarily applicable to other investors.
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2 December 2024 | 13 replies
This includes handling inbound leads, communication with the prospective tenants, tenant screening/background checks, application processing, lease generation.Many PMs will charge 50% of your first month's rent or 100% of first month's rent for tenant placement.