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3 November 2024 | 24 replies
And most will be able to pay the taxes when they come due, and put on a new roof, and put on a new coat of paint.As well as replace the carpets, cut the grass on a regular basis, replace the windows, reseal the chimneys when the liners crack, etc..It's unlikely that that these homes will fall into the slum category in 10 years or so, and make the asset underlying the loan virtually worthless.Or just vanish when the place starts to fall apart too much, due to no down-payment (no skin in the game 100% loans).Said the lawmakers who approved this.
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3 November 2024 | 15 replies
Plus, after adding my wife to the account, QBO blocked me, and it took two months to sort out!
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27 October 2024 | 23 replies
If you want to buy rehab and flip homes.. then this is part of the process. if you to thin skinned to deal with it then maybe flipping is not for you..
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7 November 2024 | 18 replies
I find people can succeed with having resources from a self help sort of system.
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1 November 2024 | 3 replies
Just be clear about your situation, and hopefully, they’ll sort it out for you.
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1 November 2024 | 14 replies
U have all sorts of HMB on this site that broker for direct lenders and they quote 10% down 100% rehab funds maybe its just a come on and it does not really exist ????
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1 November 2024 | 19 replies
I know there are some people out there who do this and put an assignment in place to be recorded if the loan defaults.As with so many things in REI, there are multiple ways to skin the cat, and it has a lot to do with your level of risk and your partial investor's level of risk.I do teach a 4 hour live class on this.
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5 November 2024 | 52 replies
I'm in DFW and there were days I would get 5 or 6 leads and it was hard to sort them at the time.
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28 October 2024 | 7 replies
So I require skin in the game (average is 5% to 15%) to offset this.
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1 November 2024 | 30 replies
I feel like I'm missing something.Does anyone have experience in the area with those sorts of units?