7 March 2024 | 2 replies
My first time seeing this site, so I'm not an expert with it and I also don't know how they collect their data (big factor).
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8 March 2024 | 12 replies
One with 90+ members is great because it affords the HOA a lot of economies of scale with vendors thereby keeping HOA fees lower.Review the HOA financials and make sure they have a substantial reserve that would cover a hail storm deductible and/or other storm damage.Read the Bylaws to make sure they're rentable and check the pet limitations.Check the common grounds for any big ticket items that may need replaced soon.
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8 March 2024 | 13 replies
Some require lien releases to be signed, others didn't, but we always got them anyways, so as not to get ourselves in trouble.All of my loans had draw fees (typically $150-$250 per draw), and they all allowed me to pick the schedule of draws.
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8 March 2024 | 22 replies
from everyone in your current network and make sure that total amount if 150% or more than the money required to close.There are a lot of other factors to consider but the above it a good start.
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8 March 2024 | 6 replies
Have the borrower pay for any fees and agree to sign up with the same servicer.
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8 March 2024 | 9 replies
There are 80% options available, but often they come with chunky origination fees.
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8 March 2024 | 17 replies
Those funds are called an option fee.
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8 March 2024 | 5 replies
In 99% of cases the seller will pay the buyer's agent share of commission but not a bad idea to ask what happens if we find a property where the seller isn't paying any buyer's commission - in which case if you're working with the agent then you should expect to pay whatever fee you work out with them.
8 March 2024 | 13 replies
Going to be tough to find a cash out at 80% and if you do I would be cautious about additional/potential hidden fees.
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7 March 2024 | 6 replies
Our policy when we discover an unauthorized occupant is that they must complete a rental application and pay the application fee.