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12 December 2024 | 10 replies
One means of research: talk to an experienced real estate agent that specializes in work with investors.
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12 December 2024 | 5 replies
You can also follow Richmond-focused real estate groups on social media and LinkedIn, and work with local agents specializing in investment properties to stay on top of deals.
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11 December 2024 | 10 replies
Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained
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14 December 2024 | 13 replies
@Keaton Sheffert In my town there is a very specific set of criteria for getting either a Special Exception or a Variance for a proposed change to the zoning.
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12 December 2024 | 6 replies
Are you doing it yourself or hiring a contractor that specializes in it?
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11 December 2024 | 8 replies
I would appreciate any advice on whether it's a good idea to invest in land on a slope and the potential challenges of building on such terrain.If this seems like a worthwhile investment, can anyone recommend reputable construction companies that specialize in cabin builds on slopes?
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13 December 2024 | 4 replies
For selling performing notes, companies like Mission Capital or Watermark Capital Partners specialize in purchasing notes, including DSCR-based ones.
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15 December 2024 | 7 replies
There are some lenders who specialize in lending for double closes and will basically send you the money for a couple days but I personally haven't done this and don't know what the charge.
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12 December 2024 | 13 replies
The one to four is a very comprehensive contract that covers everything and even has room for special provisions when something out of the ordinary needs to be spelled out.When doing not so normal purchases like a sub-to, I dont use the TREC, but one that I created from several other contracts.
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9 December 2024 | 10 replies
I specialize in building and flipping properties, focusing on transforming houses into beautiful, functional spaces that create value for buyers and investors alike.With several years of experience in real estate, I’ve developed a strong foundation in market analysis, design, and project management.