Pramod Ponna
Applicants with credit score less than 550
13 October 2024 | 4 replies
A good program we use is LEAP.
Tony Jones
New to real estate investing
12 October 2024 | 13 replies
A DSCR loan is one of them, but with the rent only being $700, chances are you'd need to go with a no ratio program to make the numbers work.
Uri Frodis
Wheelbarrow Profits Academy with Jake and Gino
11 October 2024 | 40 replies
Listen to his podcast and you will get a feel for the program.
Ben Oestrike
Off Market Deals Marketing
15 October 2024 | 10 replies
The truth is most methods work - cold call, direct mail, referral programs, driving for dollars, etc.
Dorota Sadej-Gora
Darcy Marler coaching program
8 October 2024 | 1 reply
Does anyone work with Darcy Marler? New construction residential coach?
If yes, how happy you are with his coaching?
Laurieann Frazier-Duarte
New and excited to start Buy and Hold
14 October 2024 | 8 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
Edouard Pierre
Laundry Options in Chicago Multifamily
13 October 2024 | 11 replies
OR does anyone have a good experience with a rental program?
Jason Smith
Help! My Rentals are keeping me from getting a personal home loan
13 October 2024 | 23 replies
They way full doc programs work is they use this worksheet: https://content.enactmi.com/documents/calculators/Form1038.C...This approach will allow you to add back the paper loss of depreciation, and add back mortgage interest, property taxes, insurance and any HOA dues.
AJ Wong
Dual Licensing: As a Realtor is it worth getting your NMLS mortgage broker license?
12 October 2024 | 9 replies
Even as a seller focused or listing broker, providing investors with live mortgage rates, programs and accurate resources has proven essential to maximizing transactional incentive and client conversion throughout the years..Although I've never actually executed dual duties on any single transactions (and don't think most investors want to entrust that responsibility to a individual party - nor would I want it!)
Megan Paquet Nelson
Hurricane/Flood and loss of Business Income
14 October 2024 | 16 replies
It might also be worth looking into any federal or state disaster relief programs that could provide assistance, especially if the storms have been declared federal disasters.Hang in there, and I hope you find a solution soon!