
28 April 2024 | 17 replies
DSCR loans are designed for investment properties and don’t require any income verification, tax returns or DTI.

27 April 2024 | 11 replies
Based on your portfolio design you can find a cashflow or appreciation small multifamily or several single family.
27 April 2024 | 5 replies
I helped 4 buyers with this process in 2023, brutal.

29 April 2024 | 23 replies
If the buyer doesn't need the concessions then maybe a reduction might be more appropriate but some of these details are to be worked out in the negotiation process.2.

28 April 2024 | 13 replies
In a wholesale transaction the seller is in some kind of financial trouble which the wholesaler is helping to resolve.You have two options an assignment or a double closing:I haven't done an assignment myself so not sure completely of the process, but in a double closing there is already a contract with the seller and the wholesaler who is fixing the liens on the title, when that is resolved there is a closing date where the wholesaler execute the contract with the seller and you execute the contract with the wholesaler.In general the closing cost in these type of transactions are covered by the buyer which it could be around 3.5% and it does not include sales agent fees.There is one thing that I didn't understand, it seems that the hard money lender is in charge of the transaction.
28 April 2024 | 4 replies
For this reason many states will treat installment sales contracts as mortgages and require a foreclosure process.

28 April 2024 | 5 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

27 April 2024 | 5 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

30 April 2024 | 140 replies
They just aren't designed for a entrepreneurially minded individual.

29 April 2024 | 12 replies
Foreclosure is expensive and time-consuming, so most lenders won't even begin the process of foreclosure until payments are 4-6 months behind.In a non-judicial foreclosure state like Georgia, the four weeks of public notices are all the advanced notice you're gonna get as an investor!