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22 January 2025 | 7 replies
Without an ITIN/SSN, I'd be worried about running into KYC/AML violations, fed tax liens, the borrower being deported, lien enforcement, etc.
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24 February 2025 | 72 replies
How long did it take for you to acquire the 3?
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29 January 2025 | 12 replies
Will take a while to move to another low cost country.
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22 January 2025 | 10 replies
It is a ton of information but if you take action on all of it you will grow your business.
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24 January 2025 | 1 reply
For any investors in the group, take a peak at #10 Greensboro/High PointIt's an interesting choice of verbiage to look at "median" sale price YoY because 10% feels like A LOT on the entry-level/investment inventory, and more of what I see in the high-end resale and, specifically, new construction inventory that tends to swing our avg's way up in the macro.Completely disagree that rent will be 0%.
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9 February 2025 | 36 replies
But I think the market overall will take it in stride.As for tariffs, it's hard to say.
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18 January 2025 | 1 reply
The Fed’s cuts in 2024 initially moved mortgage rates downwards to their lowest level in nearly 20 months.
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24 January 2025 | 11 replies
Nothing illegal about doing that, but if caught, the lender may call the loan due and if you don't correct the situation or pay the loan off, they willstart mortgage foreclosure.3) You could also go the HELOC route to tap the equity in the home, but the 12-month owner-occupancy will also apply AND the interest rate on the HELOC will fluctuate with the Fed Fund Rate.4) You could do a cashout refi as an investment property, but that will be at an interest rate 0.5-1% higher than owner-occupied rate.Suggest you meet with 2-3 lenders to explore your options about the above.Once you have access to funds, recommend you buy a 2-4 unit with 20-25% down. - You can buy owner-occupied, live in one unit, and fix up and rent the other unit(s).- If you're handy, recommend buying a property in the worst condition you can tolerate.
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22 January 2025 | 56 replies
U know the cant take it with you idea.
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27 January 2025 | 10 replies
That is, they take the arrears, the late fees and any legal fees and they create a 2nd.