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26 June 2018 | 18 replies
Since they are conforming and sell most of there mortgages to the secondary market, they require W2's for income verification.
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2 August 2014 | 5 replies
Some Numbers: Instant Equity: 10k - 15k Rent Spread: $246 My Thoughts: If things are taken at face value without much more verification then my breakdown is like this.
10 November 2014 | 7 replies
It is good to use MLS to see what the realtors say, but it is good to use public records to to check up on the realtors.
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10 November 2014 | 7 replies
.*1031 exchange- the ability to continuously upgrade and reinvest your property without paying property tax*cash flow- real estate produces stable dividends that you can directly control*control- I can control real estate I can't stocks, bonds etc*higher returns- class a properties produce us between 15-25% retune on our down payment Cons*price fluctuation*repair costs- dealing with handyman, currently looking for a new handyman as the one I thought I found in charleston is charging $200 an hour*dealing with tenants- they are your customers so it's important to Toe the line
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4 January 2015 | 17 replies
People who waited to to put more down, are basically paying their entire down payment at the higher market rate.
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5 January 2016 | 12 replies
They blew my phone up over the past few weeks to sign their landlord verification for their new place, but now I can't get them on the phone and I threw that paper away( dumb me) Oh well.
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16 September 2015 | 24 replies
Maybe it is just that time that we have to do what we have to to find something good.
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28 December 2015 | 5 replies
I am unaware of a specific site you can go to to get a good answer.
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18 April 2016 | 31 replies
Also, since the ratio of value/ rent is better for cash flow in these placesIt allows you to to buy a relatively safer property ( rentability, less repairs) that compensate for the risk you may see in the distance.
5 May 2014 | 19 replies
Boss drone said it didn't work since it was in our names and not the LLC.I then did a Google search for free POF letters found one, put in that my LLC was approved for the exact amount offered to purchase that particular property and sent them the PDF and they rubber stamped everything else.I have not wasted time with "real" verification since.