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29 January 2025 | 18 replies
The benefits of Kissimmee for a newbie is analyzing property potential is very easy - you will have a ton of carbon-copy comps to look at and the online estimators like Airdna can actually be pretty accurate.
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12 January 2025 | 1 reply
Alternatively, refinancing might give you access to some of your equity without completely exiting.
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5 January 2025 | 2 replies
I have been learning how the process works and there are a lot of resources for how to interview a sponsor and review the deal, but how do you initially access the deals to review?
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13 January 2025 | 5 replies
., solar panels)-Accessibility Modifications (e.g., ramps, widened doorways)-Luxury Items (e.g., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
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21 January 2025 | 21 replies
Realtors should have access to that information as well.
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24 January 2025 | 5 replies
It is easy to provide well-intended 'bad' advice.My questions to you would be... 1.
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14 January 2025 | 39 replies
Quote from @Anthony Stephenson: Is Raisemasters more for rehabbers wanting more/cheaper access to money OR is is geared more towards those wanting to build a lending business?
14 January 2025 | 7 replies
If you have access to some money you can increase your equity in one jump.
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14 January 2025 | 3 replies
Hi Treza,Not sure where you are in the process there, but when your ready to exercise financing options please reach out, it's very difficult to find a ground up program for inexperienced borrowers without having an experienced GC sign on the loan with you which in turn is not easy to find.
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11 January 2025 | 12 replies
But also with low debt or free and clear property that they can easily access any time in the future with a cash out refinance.