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18 August 2024 | 9 replies
I have enough in savings to pay for it but I keep asking myself should i just sell it and get it off my plate and lose the low interest rate or bite the bullet and do a big rehab and continue renting it out.
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22 August 2024 | 20 replies
The work was never done, they never sent proof of the work, and I had to pay another contractor to do the work.
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20 August 2024 | 2 replies
This form is sent to the borrower, investor, and the summary form is sent to the IRS.Other fee for services may include door knocking, bankruptcy research and filing of proofs of claim, providing credit reports, workouts with borrowers, loan modifications, short sales, REO (Real Estate Owned) management, inspection services, foreclosure management, etc.SERVICER OF RECORD OPTIONA servicing company may also offer you the opportunity to do your own workouts with the borrower while using their license as “insurance” (this is what we meant by “insurance reasons”).
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20 August 2024 | 18 replies
Bite the bullet and get a property manager.
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21 August 2024 | 94 replies
I would look for proof, not just stories because anyone can say anything.
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19 August 2024 | 0 replies
Therefore, I need a partner with at least 5 fixed & flipped or new construction properties with proof of HUD reports in their name.
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19 August 2024 | 2 replies
I wouldn't unless i could see a fully executed purchase and sale agreement, proof of funds, and an underwriting approval.
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19 August 2024 | 2 replies
I can send proof, lease, rent ledger etc.
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20 August 2024 | 15 replies
If they give you a proof of funds letter without a full application and credit review burn it.