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9 January 2025 | 3 replies
i told them to apply to programs that are available to help with electric bill.
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19 January 2025 | 9 replies
I may have lost all my money and my car, but I can hang my head high knowing that I did it.I completed two flips 2,000 miles away without any prior experience.After every dark night, a brighter day appears.
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18 January 2025 | 12 replies
The operating expenses in your report seem really high and some appear to be redundant.
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19 January 2025 | 47 replies
The only place this would appear to make sense is in Class D neighborhoods which could cash flow.You have rights to income but nothing else - sounds like an unsecured note at the end of the day.Chris you make good points.
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12 January 2025 | 6 replies
This can extend timelines and add layers of bureaucracy.Mission alignment: Many non-profits are cautious about selling assets if the sale could appear misaligned with their mission.
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12 January 2025 | 8 replies
We are starting to see more sellers open to real estate contracts and have some great lenders who have great programs.
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16 January 2025 | 1 reply
There are many communities within each of these areas that run or allow nightly rental programs.
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20 February 2025 | 114 replies
Lock up a good chunk of money for years with essentially a stranger and pray that your sponsor does not appear on an episode of American Greed any time soon.
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11 January 2025 | 18 replies
Looks like there is one program that has not closed yet in Ohio, maybe not the right county, but I would call anyway, they typically know who else could help.https://nlihc.org/rental-assistance?
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31 January 2025 | 44 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.