Adam Pervez
Mortgage rate at 6.5-6.7% for a 5% down
22 July 2024 | 9 replies
In my experience, traditional banks tend to have pathetic mortgage lending competence because they haven't invested or cared about this vertical in over a decade.
Rick Albert
Buying without counting towards DTI
23 July 2024 | 13 replies
Also, any competent underwriter who sees a property connected to you or your entity is going to inquire about it, whether through tax returns, corelogic, etc.
De'andre Williams
Real Estate Tech Talk!
20 July 2024 | 8 replies
Especially with AI becoming a bigger player, I'd love to hear how it's specifically helped your business.For example, have you used any AI-powered tools for:Identifying properties for investors?
Marcus Smith
Do I need to list my Rental on the MLS?
21 July 2024 | 9 replies
@Lily Rodriguez your profile says you're a real estate broker, if that's the case I'm shocked that you post on Zillow and not on the MLS for 2 reasons, one according to the association rules you're required to list all your properties on the MLS (assuming you joined a association) second Zillow is not our friend, Zillow competes with us and tries to push clients to their Premier agents costing the listing agent half a month rent.Quote from @Lily Rodriguez: Marcus,If you want more exposure you can list it on the MLS, and you will have to pay a fee to the agent that brings you the tenant then you will have to do a credit check and background check yourself for each applicant however for my clients I prefer to list it on Zillow rentals only, because I can manage the applications directly from there and the prospective tenant only pays $35 application fee once and can apply for different properties with the same application fee.
Germán Rimoldi
Down Payment Requirements for Investment Properties
21 July 2024 | 2 replies
When you get under contract tell all your potential lenders know you are under contract, let them know they are competing against the other lenders, and to get you their best/most favorable terms by xxx time on xxx day.
Ryan Nelson
buyers agent wants a commission for bringing in buyer?
22 July 2024 | 13 replies
Get's rid of the slimy sellers and the weasels in the business.A broker/agent wants to know UPFRONT if they are dealing with a sleazy seller that will not properly compensate a broker/agent for bringing a competent buyer to the table.
Daniel Pitner
Selling Land to Developer at a Discount
20 July 2024 | 7 replies
Contact a local civil engineering firm , they know all the players .
Ryan Daulton
Accredited investors partnering
20 July 2024 | 13 replies
More importantly, Paramount (Prestige Fund), a large player in the industry has stopped distributions and communication is awful.
David Cunha
Range of DSCR rates?
20 July 2024 | 29 replies
Rates good in increments of 15 and 30 days.high six to low nine is correct for 30 year fixed DSCRNo: syndications, property needs work to rent, ARV, cap rate doesn't matter, no STR rents, no bad credit history such as modification or covid excuse... and a list of outs.The number of players decreased and their rules continue tightening, though rates are better than a month ago.