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6 January 2025 | 0 replies
(should have documented, dates may not be exact) What made you interested in investing in this type of deal?
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19 January 2025 | 46 replies
Here are all my notes on investing in properties out-of-state, which is also the same as international to the United States.My notes are from David Greene's book, Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rentals. https://docs.google.com/document/d/1blQFIKSls6JDHdl7srVMhXd8...For personal experience on flipping remotely, I wouldn't be the best person to speak on this.
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7 January 2025 | 12 replies
Verifying last 2 years of rental history very important!
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15 January 2025 | 24 replies
Verifying last 2 years of rental history very important!
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5 January 2025 | 2 replies
I know the process from beginning to end and documented this thoroughly.
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11 January 2025 | 7 replies
This requires an independent appraisal valuing the property at $400k and proper documentation from the seller confirming the $200k donation.Ensure the church is a qualified 501(c)(3) entity, and consult your tax professional to comply with IRS rules.
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26 January 2025 | 21 replies
I find that if things are well documented and reasonable, they are pretty good to work with.
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20 January 2025 | 57 replies
Freddie allows for 12 months payments, Executed HUD, Wrap documents (note and dot), Executed Warranty Deed to offset the mortgage.
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20 January 2025 | 62 replies
I can also document that I have over 1,000 plus real estate transactions as an agent and an investor.I had two transactions that they just kept lying and telling me and selling me you will have CTC in a week or less, From each of those points it was more than 60 days.I begged loan officer and processor to be truthful.Their failure to close in a timely manner cost me dearly.
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7 January 2025 | 7 replies
Also consider all lenders will require to review your insurance when underwriting a loan and it's likely a violation of your existing loan documents to let the properties go uninsured even if they didn't require insurance escrows.