
12 June 2024 | 3 replies
So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.

12 June 2024 | 7 replies
I would interview 3 contractors off of google with good reviews and go from there

12 June 2024 | 12 replies
Must be reliable PM company in your area 100% agreedMan oh man does it need a lot of work lolAnd many years of trial and error before it can be said "We are a good property manager" 🤓Any PM company with 3.5 star review on Google is in my opinion a "Good property manager"Thanks

12 June 2024 | 10 replies
Does anyone have any reviews or information about this course on the land flipping business?

12 June 2024 | 7 replies
Reason, better efficiencies.You should ask to speak to a manager that can review your property maintenance history to discuss why there are so many repairs.

12 June 2024 | 7 replies
Lenders have a minimum loan amount for investment property financing depending on the lender and whether conventional or DSCR.

12 June 2024 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

13 June 2024 | 4 replies
Hi,I did a private lending, term was 1 year. there was a clause that borrowed can extend loan (if lender is ready) for 2 times, each time for 3 months. but borrower has to pay 1 point for each extension(3months). so extension can be done total 6 months.Now, after 1 year, borrower keep paying interest .3 years went like that.Now Borrower wants to pay off. in such case what should be Loan extension point added.Thanks

12 June 2024 | 57 replies
They will do an investigation and it will take 32 days for the other bank to review the charge.

13 June 2024 | 10 replies
A great step to help you narrow focus, budget, etc will be to speak with an STR focused lender.. contact @Joseph Chiofalo he''ll be a very patient mortgage guide.