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3 February 2025 | 0 replies
I wonder if an inspector's license might be another good addition to our repository.
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6 February 2025 | 4 replies
Additionally, interest-bearing accounts may be mandated in certain jurisdictions, so it's important to check local regulations to ensure you're handling deposits correctly.
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18 February 2025 | 9 replies
@Jefferson Black- thanks - I am not aware of any lender that will do a loan on an INV manuf home property ...you might contact the local small to mid size credit unions and banks in your area ...you also might try the bank that you have funds deposited at - good luck
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15 February 2025 | 6 replies
If they have a loan at a favorable rate, I give them additional money to take over the loan.
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21 January 2025 | 11 replies
Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.
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13 February 2025 | 5 replies
There will also be closing costs to refinancing into DSCR.Lenders need 6 months to refinance a loan, anything sooner, you're probably paying a good amount of points / DSCR has to be rock solid.There also may be additional costs in maintaining your property.
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30 January 2025 | 12 replies
Please DM me if you have any additional questions.
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6 February 2025 | 2 replies
Short term (12 months), low loan to value with borrowers who have strong credit and significant assets.
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3 February 2025 | 2 replies
I had belatedly realized that FHA goes off personal credit and therefore I couldn't use the LLC for it.