
19 March 2024 | 24 replies
A 3.50% down payment off that is 8750.00 leaving a base mortgage size of 241,250 then add the regular FHA Mortgage Insurance Premium or MIP that is 1.75% of your loan amount, or 4221 ( an up front fee FHA charges to fund their programs) which is usually added to the loan so you dont pay it in cash, then total loan is 241,250 + 4221 = 245,471.

18 March 2024 | 5 replies
The market already always could list at $1 co-op but very few actually did that, sellers also could always list with flat fee $500 MLS agents but most know the value of good agents and rarely did that.

19 March 2024 | 9 replies
a good deal for a SFH flip would be the buyer being ALL IN at absolute max 80% of the ARV (including the PP, renovations, assignment fee, closing costs), but a lot of investors would say it has to be max 75%, 70%, maybe even 65%. that said, shoot for 65%, and know your renovation costs. i've used $65/sqft for a gut reno, and until proven otherwise i'm assuming it's a gut job, BUT that PPSF is not always accurate, sometimes there are unique issues with the property that would drive that number way up. it gives you a place to start, though.

18 March 2024 | 13 replies
Hopefully with your pictures and videos, you'll be able to fight it and not pay the fees they're trying to charge.
18 March 2024 | 29 replies
Sometimes the PM company or even your Realtor will be willing to do it for you for a fee.

18 March 2024 | 4 replies
With such a low ARV, you will probably be looking to sell at 75% ARV - repairs, so subtract your fee/% from that number.

18 March 2024 | 16 replies
I suppose the one advantage of being a non-licensed wholesaler is that you don't pay MLS fees.

18 March 2024 | 4 replies
Hey @Ryan Brown - I personally would avoid any additional fees/charges on the rent as that can be disputed or simply not paid by the tenant.

17 March 2024 | 7 replies
Since rates are very high now and likely will be lower in a year or even sooner, is there a way to not pay the refi fees twice?

18 March 2024 | 7 replies
So, they waste your time arguing that their voucher qualifies them for a property when it does NOT.3) S8 caseworkers tell applicants NOT to pay a deposit or holding fee until property passes inspection - which can often take 2+ weeks to schedule.