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28 September 2018 | 72 replies
I think it's a measure of total home values nationwide.....basically, on average your home only increases about 2-3% a year.
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16 October 2018 | 152 replies
I also think it’s important to consider whether that’s a nationwide crash and how different markets (Las Vegas vs.
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30 June 2022 | 17 replies
Similarly, unlike substituting international reports for FICO or using 'Non-Traditional Credit Reports' (NTCR) it's highly unlikely that any bank would consider ATO tax records for a conventional loan, given both that it's another country and the job/business has since been left in order to migrate. c) If possible after one year, refinance to a more generic loan in order to buy a new FHA fourplex using whatever savings have been gained in the preceding months through cash-flow and W-2 income.PROS:*Highest leverage of all paths available;*Largest safety net of cash-in-bank, and;*Increased turnaround for new projects.CONS:*Employment verification, credit history, and IRS records non-existent - multiple positive judgement calls from lender needed;*Delays before scaling allows full-time REI;*Maximum limits to property units and value - 4 units and ~$809,000 for a fourplex (2.v)2.i - List of some Maine lenders, with whether they offer FHA (https://mainehousing.org/progr...)2.ii - Information regarding how to get a no-credit-score mortgage (https://www.lendingtree.com/ho...)2.iii - FHA loan without a credit history (https://www.fha.com/fha_articl...)2.iv - FHA loan requirements + No income minimums (https://time.com/nextadvisor/m...)2.v - FHA loan value limits by unit size for Maine (https://www.lendingtree.com/ho...)3 - A quick start at a moderate scale (DSCR or private) This is my current focus of research as at 25/06/22 and any contributions, suggestions, critiques, or references are worth their weight in gold to me.a) Find ten wholesalers who are focused on or who happen to find Maine multi-families, with a view of analyzing each <16 unit building that gets mailed to me. (2/10)b) Find twenty lenders operating nation wide or in Maine who offer Debt Service Coverage Ratio (DSCR) loans or private money. (3/20)c) Purchase one <16 unit multifamily with whichever available credit type is most appropriate (3.i) - either moving to the address on closing or renting something cheap in-town depending on whether or not the lender allows owner occupation.d) Move to full-time REI, or part time if cash flow does not support growth.e) Exit plan would depend on cash flow, regional trends, and the characteristics of the loan and future financial market and cannot yet be assessed properly.
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6 September 2015 | 54 replies
Remember, introducing our clients to our nationwide network happens as part of our hand-holding purchase process, not in place of it.
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1 July 2008 | 182 replies
Try Taylor Bean and Whitaker. www.taylorbean.comThey are Nation Wide but there Georgia guidlines may be different.
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30 September 2008 | 56 replies
What kind of discount is the government going to get for this nationwide bulk purchase???
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1 June 2009 | 72 replies
Would anyone be interested in forming a nationwide commercial real estate investing mastermind group?
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12 October 2013 | 7 replies
I have nationwide experience with retail, office, multifamily, industrial, and hotel properties.
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17 October 2013 | 10 replies
Hi John,Happy to help.A local or nation wide screening company will check for all local and nationwide evictions on every potential buyer interested.
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15 September 2011 | 39 replies
If you SCOUR the FBI fraud website (an impartial source) then you will see that "the extent of short sale fraud nationwide is unknown" http://www.fbi.gov/stats-services/publications/mortgage-fraud-2009Michael, can you show us the Fannie Mae source that puts the covenants on a deed?