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Results (10,000+)
Ryan Dunn Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
Also, Fixated moved my closing date a few times, but luckily I didn’t have another deal at risk.Does this sound typical?
Glenn McCrorey I quit my job today
29 December 2024 | 253 replies
It's awfully encouraging to see a fellow Floridian get out of the rat race.
Felicia Richardson Fannie Mae HomeStyle
11 December 2024 | 8 replies
Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.
Jeremy C. Leasing Broker career path
7 December 2024 | 1 reply
@Jeremy C.I looked at their (JLL's) website and see that they have a history dating back to 1783 in London England and have offices in DE, MS, DC, & VA.
Account Closed Reaching back out about Selling and lease back home in Fort Myers FL
7 December 2024 | 4 replies
I owe no back taxes and I am currently up to date on my mortgage.
Chase Benson New member from Montana
3 December 2024 | 4 replies
Looking forward to connecting with fellow investors, seasoned pros, and anyone who’s on a similar path of building wealth through real estate!
Bob Avery New Twin Cities Investor Looking for Advice Getting Started
16 December 2024 | 7 replies
He has a forms subscription that will keep your forms up to date and he is very well versed in Real Estate.
Sumit B. What areas are better to invest in STR - vacation rental
5 December 2024 | 13 replies
Quote from @Stetson Miller: Hi @Huong T Nguyen,The summaries above are still up to date with current information.
Brady Pretzlaff First House Hack Questions
4 December 2024 | 3 replies
I rented a 4-bed house in Royal Oak, then got 3 roommates that I charged each 30% of the rent, so they covered most of my  rent.You can do the same if you buy a house:1) More rooms the better, if renting to fellow college students.2) Can YOU live in the basement?
James French Private money club with Chris Naugle
11 December 2024 | 12 replies
As Chris describes it PMC is a dating site for people needing money to do a deal and for people wanting to lend money to make a 10-12% return.