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3 January 2024 | 11 replies
Below are some key alterations to increase the units' marketability:Listing presentation - Photos, description, etc.Listing syndication - Zillow, Realtor.com, Apartments.com, (dare I say) Facebook marketplace, etc.
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29 May 2019 | 72 replies
Translation: I am selling the house to a co worker, and you will get the tax lien paid.
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5 November 2023 | 5 replies
Crafting an SOP felt like crafting my personal odyssey, and these writers were the narrators who translated my journey into eloquent prose.
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18 December 2023 | 7 replies
The guests are happy and it translate into nice reviews too!
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9 May 2020 | 13 replies
@Devin Collins there is no timeline or specified date when the borrower must physically move in to the property for an FHA 203k loan.Reference HUD SFR Handbook 4000.1 @Corey White there are some lenders that have altered their rehab loans, such as Flagstar, which has temporarily suspended the Standard 203k but is still doing the Limited 203k.
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18 December 2023 | 4 replies
Here are some latest stats:1️⃣ 84,350 single family homes and condos in the U.S. were flipped in Q2 20232️⃣ The % of flips representing all home sales slightly went down in Q2 20238% of all home sales in Q2 2023 vs 8.9% in Q2 2023 vs 9.9% in Q1 20233️⃣ Despite that drop, the median $308,500 resale price of homes flipped nationwide, generated a gross profit of $66,500 in Q2 2023 above the median investor purchase price of $242,000Q1 2023 - $56,250 gross profit (up by ~18% in Q2 2023)Q2 2022 - $102,063 gross profit (35% down in Q2 2023)4️⃣ The typical gross flipping profit translated into 27.5% ROI in Q2 20235️⃣ Typical home flipping returns increased quarterly in 2/3 of nation, led by Trenton, NJ, Akron, OH, and Montgomery, AL6️⃣ The largest investment returns on typical home flips among metro areas with a population of at least 1 million in Q2 2023:👉 Baltimore, MD (79.3 percent)👉 Philadelphia, PA (76.9 percent)👉 Rochester, NY (76.2 percent) 👉 Richmond, VA (75.5 percent)7️⃣ The weakest returns on typical home flips among metro areas with a population of at least 1 million in Q2 2023: 👉 Austin, TX (3.3 percent loss)👉 Phoenix, AZ (4.9 percent gain)👉 Salt Lake City, UT (6 percent gain)👉 Dallas, TX (6.7 percent gain)👉 San Antonio, TX (6.8 percent gain)8️⃣ Of the 84,350 U.S. homes flipped in the Q2 2023, 11.9% were sold to buyers using loans backed by the Federal Housing Administration (FHA), marking the fourth straight quarterly gain.9️⃣ The average time it took from purchase to resale on home flips rose to 178 days in the Q2 2023.
28 July 2015 | 31 replies
How about the ones who tell you they already have a copy of their credit report so you don't have to get your own (and don't want to tell that they have possibly altered that report to read more in their favor)?
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11 October 2020 | 71 replies
I now have an enlarged image of the check I received from the deal that I have altered.
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13 November 2023 | 35 replies
That translates to a lot of picking up and moving of units.
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18 December 2023 | 10 replies
You need identification: driver's license/ passport and everything translated by an expert that the title officer or lender finds acceptable.