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Results (10,000+)
Adam Macias Wholesaling as it is today will be a thing of the past.
12 January 2025 | 8 replies
But just hating on wholesaling in a wholesaling forum is so unbelievably pointless. its not dead per se  but it is starting to be regulated as it should.. oregon just passed their version. where to wholesale you now need a license and over site by the RE commission.. along with criminal back ground and a BOND.. and as we know not everyone can pass either of those with the bond being the tough one if you have bad credit your not getting a bond.
Jeff Ryan Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 replies
In our opinion, Class C tenants have FICO scores from 550 to 600 - where their chance of default/nonpayment is 15-22%.
Steve K. Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
No Bank, Credit Union or Portfolio lender wants to foreclose on any loan if there is a way not to.
Paul Stewart STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
Now 3 of the 5 taxing authorities give a credit for doing them on time which can be as high as $150 savings for me each month and I am not sure I would get that using Avalara.
Christina Hall Best skip tracing website?
29 January 2025 | 40 replies
Or are you actually talking to a bank about buying the note so you can see the notes and credit on the owner of the property?
Sam Brock Best Way to Pull Money From These Properties
26 December 2024 | 2 replies
Your credit, investment history and bank statements will likely be evaluated and you'll need to personally guarantee the loan, but you can close under your LLC.
Phillip Austin TREND - PM companies offering financial assistance for security deposit down payments
27 December 2024 | 8 replies
The tenant pays a monthly premium and keeps an active bank account and credit card on file.
Kendric Buford Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Becca Pariser Who is responsible for back mortgage after paperwork is signed?
10 January 2025 | 3 replies
Was it included as a credit/debit on the HUD so it should have reduced your cash to close? 
Christo Dichesare New to this whole thing
7 January 2025 | 1 reply
I'm broke as a joke but I have good credit how do I get started