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6 March 2024 | 4 replies
Lennar is either 1 or 2 in size in the US DR Horton is the other.. they are production builder so yes quality is not their hallmark.. price is .. 2. wrapping the mortgage could certainly create an event of default with Lennars lending arm. there by trashing your credit. 3. if your buyer stops paying you have to keep paying and foreclose and hope they have not trashed the home when you get it back.. like all things creative finance wise sounds great on paper and is great if it all goes perfect but lots of things can fall apart if things do not go right.. so what is your fico score worth ?
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5 March 2024 | 15 replies
Do you have any tips on finding the best-suited PMC?
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5 March 2024 | 4 replies
Was wondering if anyone has any experience in this in south jersey or surrounding area to help shed some light on cost of project along with tips to starting out.
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5 March 2024 | 12 replies
Sharing stories/experiences/tips from my work is absolutely what reinforces me as an asset to the team of any investor I work with.
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5 March 2024 | 0 replies
Any tips, pointers, or mentors will always be accepted.
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6 March 2024 | 1 reply
Again, PT is the one that voluntarily mentioned that he/she is getting the divorce and he/she also stated that he/she is the co-signer on the soon to be ex wifes/husbands mortgage (which has shown on prospective tenants credit report) but the soon to be ex is the one that currently pays the mortgage AND WILL CONTINUE TO PAY MORTGAGE.
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5 March 2024 | 6 replies
More importantly, insider information is really not legal, so how ethical do you think someone is that is like "hey I got a good tip on XYZ, lets invest and make $".
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6 March 2024 | 5 replies
That being said, these will also have the strictest underwrites, including credit, DTI, and asset requirements.
5 March 2024 | 26 replies
Thanks,Sarah G'Day Sarah,Congrats on the leap of faith into the wonderful world of real estate investing.Best tip I could give you would be to take your time and soak up as much information on anything and everything real estate.Be it buying locally or out of state, the most important thing is to establish trust and relationships with key people dependent on the strategy you are looking at implementing.Over my career I have witnessed countless of investors getting caught up in online market stats, demographics, charts, etc... only to end up loosing money.As cliche as it mind sound but "Team-work makes the dream work"For example, if you buy the best house, in the best area, on the best street with the best capital growth prospects but your property manager is incompetent or a cheat.
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5 March 2024 | 2 replies
It would be cool to meet a few other guys who do real estate share ideas and tips