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14 December 2024 | 8 replies
Pretty much my first step should be work as a loan officer and then the rest will come to me?
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12 January 2025 | 185 replies
I got permission from the loan officer that issued the mortgage.
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31 December 2024 | 32 replies
. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.
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18 December 2024 | 5 replies
EXAMPLE: a local HC has a single comcast email address for their entire office - mysteriously, they seem to be always losing emails and asking us to resend multiple times.The good news is they finally increased their max rental amounts a few years ago, so they are now more competitive.
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16 December 2024 | 19 replies
As @Jay Hinrichssaid, the underwriters are usually more confused and take a longer time, but the loan officer should at least be able to get you a quote for 30 fixed on your primary.
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17 December 2024 | 5 replies
Dallas County is John Aims office, his sales are organized by the Linebarger law firm.
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18 December 2024 | 5 replies
I'm excited for the opportunity to be apart of the community with BP, I reside in the state of Virginia and started my investment journey many years ago at 22 doing fix and flips, I stopped when the market crashed in 2007/2008 and didn't like the way the market looked and I left the investing world, I became a mortgage loan officer, and then processor and later underwriter and learned the backend of the conventional lending world.
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15 December 2024 | 1 reply
I will be closing on a small office building next month which I will be repurposing.
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18 December 2024 | 12 replies
I would also recommend doing your due diligence on the new lender, and make sure they are not just a salesy loan officer trying to win you over with term sheets that don't exist...
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20 December 2024 | 8 replies
A good 1031 officer can run through all of these questions with you and more!