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7 August 2024 | 3 replies
If the HELOC amount you're requesting is relatively low (often below $100,000), lenders might waive the full appraisal.Drive-By Appraisal : Instead of a full interior inspection, a drive-by appraisal involves the appraiser evaluating the exterior of the property only.Desktop Appraisal : This type of appraisal is conducted remotely using data and photos provided by the homeowner or real estate agents.Based on the little knowledge that I have about stuff like this it sounds like you need to connect with existing lenders in your network or find new lenders in your network that have programs aligned with your goals.
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6 August 2024 | 5 replies
I shared photos with several lenders, but they all said that these repairs "probably" need to be completed before closing.
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5 August 2024 | 16 replies
Your place reads dark with all of the ceiling wood- I don't think you had professional photos taken indoors?
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6 August 2024 | 4 replies
They said rents have gone down and the investor is asking for options...They had a great pitch deck in powerpoint that was all pretty and fancy with photos, what they were gonna do etc.
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6 August 2024 | 1 reply
If you want to proceed, please gather these few documents, and email them over to me.Photo ID: Please provide a clear copy of your valid photo identification.Proof of Social Security Number: Documentation confirming your Social Security Number.Homeowner Insurance Declaration Page: Is the cover letter with your policy number and coverage amounts.
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6 August 2024 | 1 reply
If you want to proceed, please gather these few documents, and email them over to me.Photo ID: Please provide a clear copy of your valid photo identification.Proof of Social Security Number: Documentation confirming your Social Security Number.Homeowner Insurance Declaration Page: Is the cover letter with your policy number and coverage amounts.
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15 August 2024 | 57 replies
You know, the one that MIGHT not have any deferred maintenance even though there are no interior photos... yeah lolThe reality is, you've done this a couple times (using your HELOC to fund investment purchases in Peoria).
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7 August 2024 | 11 replies
Take good photos at the walk through and if the wholesaler gives you an estimate of repairs then shoot the video/pics to the GC to get their opinion of the wholesalers estimate.
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7 August 2024 | 15 replies
We wanted to give the tenant some more time since they recently lost their job, but I don't understand why the tenant is dodging the PMC's request to take photos of the interior.
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5 August 2024 | 6 replies
I've attached photos with rough mockups of the options (A, B, & C) we are considering.