Jonathan Hammann
Tax Lien Buyers Club, Don't Do It!!!
31 August 2024 | 36 replies
Prior to that I went through the education modules and took the test to be able to be certified and make the purchase.
Account Closed
is Renatus the Real Deal or a Scam?
30 August 2024 | 70 replies
I am willing to test the waters for awhile.
Adam Guymon
Starting Out, help! Very unique situation.
29 August 2024 | 6 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
Rhea Jeong
Rental income consideration to mortgage
27 August 2024 | 2 replies
You can count up to 75% of the rental income from each unit BUT you have to pass the FHA self sufficiency test.The FHA (Federal Housing Administration) Self-Sufficiency Test is a guideline used for evaluating the eligibility of borrowers looking to purchase multi-unit properties (specifically, 3- or 4-unit properties) with an FHA loan.
Nathan Niemiec
Story by J.P. Morgan Feedback
26 August 2024 | 14 replies
I have been beta testing the JP Morgan "Story" platform over the last year, and it has been extremely useful for helping to scale my firm's multifamily investment portfolio.
Cheng Bin Zhang
How to ADU in Massachusetts
28 August 2024 | 5 replies
We had to bring on an energy audit firm to test and certify the work before and after construction.Beyond the planning, permitting, and historic reviews, the rest of the project runs as any major renovation projects.
Gp G.
Roof leak and Mold related Issues
25 August 2024 | 5 replies
I asked my roof contractor to remove the skylight and replace it with a normal roof as well (which he did a few days back).My tenant is saying to the PM that he is getting medical testing done now due to mold related health issues.
Cheryl Daniels
Positive lead Dust Test
21 August 2024 | 1 reply
One of my vacant rentals tested positive for lead dust.
John Conlon
Moving to North Carolina from NJ, worth it?
26 August 2024 | 6 replies
You can't transfer the license though, you will have to take the class and test again, but it will be easy.
Isaac Blocher
The Cost of Transactional funding
29 August 2024 | 70 replies
@Ted Akers yes for instance this would not work well in WA with the excise tax of 1.78% or there about on title transfers.this was a low end deal in GA so it was a normal wholesaler approach I think the guy made 10k on the deal we made a few bucks and they absorbed the one closing costs and transfer tax which was probably nominal I would have to look at the hud.I can see this working in states were double escrows are not allowed any more... or if a wholesaler wanted to put to bed the thought that they are selling re without a license.. you know the wild wild west out there in that industry were basically anything goes until it does not LOL.I am NMLS mortgage banker sitting in the bullpen.. my license is on ICE but I do the CE.. just don't want to have to take the test again incase I want to jump back into doing HML.. so for right now taking title is a clear path.. no securities issues no licensing issues.. etc etc.. and 100% control. the only way I will do this these days.. but then again my clients are well known to me for more than a decade most of them and they are high volume flippers etc... so we have a lot going on...