Nick Johnson
Mortgage Options for 600 FICO on 75% LTV purchase 8-12 properties
9 March 2021 | 3 replies
Once you have hit your 10 limit, you would then move on to either Non-QM / portfolio loans, or you refinance most of your properties into a commercial blanket loan, thereby freeing up your Fannie Mae / Freddie Mac slots for a new round of 10 loans.The caveat is that when you do the Non-QM / portfolio or the commercial blanket loans, that you are not required to have a personal guarantee on those loans, otherwise if they require a personal guarantee, then the still count in the 10 financed property rule.
Candice Samuel
1stWholesale Deal.. Any Advice greatly appreciated 🙏
27 January 2021 | 2 replies
Since the property is owner-occupied I plan to set up an open house over the weekend where a handful of investors can view the property in certain time slots.
Jobin V.
Multifamily Syndication Intro
30 January 2021 | 14 replies
So I’ve polled a good chunk of syndicators and they’ve all said something similar to you michael- the ability to raise capital is key.I’m going to start doing that with my single family houses so I’m better positioned in a year to bring some value to the table for a GP slot in a syndication.How much capital are you trying to raise michael?
Julie Smith
1031 Exchange Questions Husband and Wife
19 February 2021 | 6 replies
Our issue here is we are both on the title of the houses, which would be only 2 open mortgage slots.
Scott K.
How do I get a 2nd phone number for guests to contact me?
30 June 2021 | 31 replies
My new Samsung Galaxy S10 has 2 sim card slot.
Mubbashir Nasir Siddiqui
Information requested for zoning categories
8 February 2021 | 1 reply
Hi,My name is Mubbashir, I’m currently new to the real estate investment side. question I have is Im located in Raleigh NC.What is the category for a multi-home ( townhomes or multi condos) and what is the process to convert zoning from one category to the other.Estimated fees and time slot.
Carmelo Oliveri
Section 8 Pandemic Proof #RNTMNY
30 December 2020 | 9 replies
My experience with section 8 has been a 1 year lease that paid like a slot machine every month on the 7th , but the downside has been in 1 year they move to a new clean house, because I swear they have not cleaned in the last year, and i have 2 to 3 k worth of damages.
DeWitt Gibson
Fannie Mae tightens lending standards on Investment Homes
17 September 2021 | 78 replies
In the past year I have been paying off some of the mortgages in lump sums due to the relatively higher interest rates and to not take up “golden ticket” slots with small mortgages ($50k mortgage with 5% interest for example).
Natalie Allen
Mini-Mobile Home Park —> Boat/RV storage
15 March 2021 | 0 replies
Estimated at least 20-30 slots.... more if we clear out some of the lumber
Jeffrey White
Building a Pro Team in South Florida
23 September 2020 | 2 replies
I can also recommend vendors to fill each slot that I have worked with and I respect each professionals expertise in each of their fields.