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14 July 2024 | 4 replies
This approach involves risks and considerations, including due-on-sale clauses in existing mortgages.Credit Unions and Local Banks: Sometimes local credit unions or community banks can offer more flexible terms compared to larger institutions.
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13 July 2024 | 51 replies
@Amanda Roselli congrats on closing!
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12 July 2024 | 16 replies
Be very careful when calculating for a refi or sale- recent zoning changes have been confusing and ridiculously restrictive for student housing- some properties are $50k for a reason, run- it looks... bleak.
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14 July 2024 | 4 replies
You can make closing contingent upon finding a tenant that you approve.The fact that they are being transparent about this is actually a really good thing.
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9 July 2024 | 4 replies
What would a good sized operation(flip/wholesale/LO/ OF) compensate for sales or Acq Manager position?
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12 July 2024 | 40 replies
Someone on BP messaged me about doing transactional lending and a double close.
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12 July 2024 | 15 replies
What we are seeing is a massive increase in the number of properties for sale which has resulted in more competition between sellers and more of a balanced market than we've seen in a long time.If we continue to have a high number of properties for sale and a shortage of active and able buyer's then we should have some really solid buying opportunities even if the overall market doesn't drop.
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13 July 2024 | 2 replies
Before, during and after closing your mortgage professional should be responsive.
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14 July 2024 | 3 replies
Hello, I am closing on property and my lender is requesting a homeowner insurance quote before they can get the final approval.
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16 July 2024 | 26 replies
In each case on the day of closing, I sent the tenants registered mail introducing myself, the property manager, and notifying them of rent increase in 60 days.