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26 July 2024 | 6 replies
The transaction to pay the renovation guy worked fine (I provided an invoice from him to Plastiq).As Kerry Noble said above, they do seem to have "tightened up" their terms.
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26 July 2024 | 0 replies
Looking at a strategy to Brrrr or light rehab to rent out to long term tenants.
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25 July 2024 | 12 replies
Either or might benefit you.
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25 July 2024 | 2 replies
In that regards I would rather prefer to build a mutual beneficial connection rather than one that only benefits one side, even as a newbie there's something that can be offered that is of value.And I would rather that you're blunt rather than sugar coat things, in several discussions I found instances where wholesalers took advantage of sellers through P&SA contracts, inspection clauses and closing dates and were unable to fulfill there obligations to the sellers and preventing the seller from getting other buyers during the validity of the contract, I means it's quite unfair.But there where other instances where wholesalers had built credibility by the manner in which the death, I mean that is what builds a good relationship and make room for future referrals.I would still like to know your thoughts on Wholesaling and wholesalers, please do not sugar coat, let it out just as you see it. it.
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26 July 2024 | 7 replies
You might be better off financing this with a short term fix and flip loan.
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26 July 2024 | 11 replies
This is easier to achieve for short term rentals, and a bit tougher for long term rentals - but I've been getting close for LTRs as of late (closer to 7-8% for LTRs).
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26 July 2024 | 25 replies
Make it possible for people to see homes at their convenience and you will do everyone a benefit.
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24 July 2024 | 3 replies
The idea is that if the AMC is familiar with you, they might favor a higher appraisal, which could benefit you.
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24 July 2024 | 11 replies
Doing this allows you a couple of added benefits, such as being able to put less down on new mortgages if you go with a bank loan as it will be your primary residence.
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25 July 2024 | 10 replies
Primarily when downsizing they question your occupancy intent (Claiming primary residence on a fixer upper for favorable LTV terms, with intent to convert to an investment in the short term) but everything can be worked out with proper documentation.