Hi all!I am in the early stages of a 203k purchase/investment in Jersey City or Union City, New Jersey (NJ). I have been digging through the guidance and am wondering if anyone has ever taken advantage of the followin...

Even brand new builds will require repairs.  

Get rid of debt, build a budget, and save.

fix and flips are a great way to build your bank up 

So, we obtain a 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.

The upside of that is when they move out (because you won't be renewing their lease), if there are ANY stains; you can bill them 100% of the cost for that carpet because it was brand new when they lived there (okay maybe not 100% as it will be a few months old when they move out, but 95%). 

Client Relationship Management: How can agents build and maintain strong, long-term relationships with investor clients?

Multi-family properties are going super quick in certain neighborhoods, but there are a lot of buildings that need work.

Include specific information about the location, amenities, parking, and building. 2.

Almost everything in this home is brand new but this home will still give you a cute Charleston charm.