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26 November 2019 | 5 replies
Generally speaking there are 2 types of loans for us investors: Conventional and PortfolioConventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).
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27 November 2019 | 18 replies
Also, if your loan was conventional; Fannie Mae recognizes the legitimacy of a QC between the mortgage holders and the LLC so long as the LLC is controlled by the borrowers; If the property was owned prior to closing by a limited liability corporation (LLC) that is majority-owned or controlled by the borrower(s), the time it was held by the LLC may be counted towards meeting the borrower’s six-month ownership requirement.
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10 December 2019 | 6 replies
I started my own networking group on a whim -- I was looking to meet like-minded individuals who wanted to substantially grow their wealth via real estate investing. Boston is a hot market for Real Estate and absolute...
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27 November 2019 | 5 replies
Generally speaking there are 2 main loan types for investors: "Conventional" and "Portfolio"Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).
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17 December 2019 | 4 replies
These aren't all foolproof of course, but basically the people that go through life events and become distressed sellers actually reach out to you and only - being the main difference.Again, I need to play within the guidelines on here and I also like to genuinely help on here so if you'd want to at least learn a little more let me know!
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2 December 2019 | 23 replies
Based on the fact that you have rental properties, that you recognize the value in a mentor, and you’re seeking input on BP......my gut tells me you have the right stuff.
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6 December 2019 | 4 replies
But you can absolutely, 100% find lenders that need ZERO "seasoning" (that's what is called the waiting period of you being on title) to refinance at full market value.I hope you don't mind the length here...but I think some of this will help as well.Generally speaking there are two types of loans for investors: "Conventional" and "Portfolio"Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).
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2 December 2019 | 28 replies
If you are genuinely eager to learn and willing to work for it, you will find people willing to help you along the way.
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12 December 2019 | 49 replies
Establish genuine relationships with real estate folks in your area by attending meet ups, getting their info, and then asking them to coffee, a drink, or a hike.
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5 December 2019 | 17 replies
With stocks on the other hand you don't recognize the gain until you sell, so you have more flexibility.My 2 cents...