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18 March 2024 | 2 replies
Hi @Adam Davis,While you may not qualify for a conventional loan, there are non-qm loan options that can go off of your bank statements and credit score without having to verify your tax returns.Your thought of getting the loan and only paying when the house sells is not an option.
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18 March 2024 | 1 reply
Bought my first property in FL last year with my mother as a partner. 50/50 she is the occupant paying the mortgage, I am a non occupant primary owner.
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18 March 2024 | 1 reply
Not sure the size etc, Also make sure to stipulate a timeframe as solar would take years to negotiate - do not be shocked if the seller wants a non refundable depositThis is very common in these types of transactions.
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18 March 2024 | 3 replies
Pay them for their services.
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18 March 2024 | 1 reply
One of which is a rodent issue; to remediate this we have hired a pest control company to do a full service inspection and trapping job for several weeks, but we are still having issues.
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18 March 2024 | 3 replies
Are aware of any software solutions/service provider for managing C-corp operations like payroll processing, book keeping etc ?
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19 March 2024 | 16 replies
Most work like this: •Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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19 March 2024 | 24 replies
Finding any other trades or services and coordinating them with your GC.
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18 March 2024 | 10 replies
I am on the board of CFRI, the local chapter of the National REIA and we are non profit and one of the largest REIA's in the country.
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15 March 2024 | 4 replies
Think at things like the demand for rentals, the possibility of property appreciation, and the property's closeness to services and job locations.Work with a Real Estate Agent: Assist a nearby real estate representative who focuses on investment homes and is cognizant of your financial objectives.