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25 June 2024 | 2 replies
MLS listing and made a full asking price cash offer.
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26 June 2024 | 16 replies
Most of the time, they make you decide the pre-payment penalty based on a range of interest rates they offer.
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25 June 2024 | 2 replies
There are several attractive fixed rate second position cash out options, many with online processes and no appraisal requirements (smaller balances and low LTV's) and fully underwritten options offering up to $500k+ cash out at Prime rate plus 1-2-3% depending on the properties type.
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25 June 2024 | 1 reply
BP also offers a link to connect with local agents to help you find your investment property.
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24 June 2024 | 11 replies
I also have a ton of resources for investors such as contractors, property management, inspectors, appraisers, ect..
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25 June 2024 | 6 replies
Just tough to do in this market with mulitiple offers and a very tight window with the 1031.
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22 June 2024 | 4 replies
Commercial lenders don't usually offer 'pre approvals' but will provide sellers with a letter of intent.
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25 June 2024 | 20 replies
@Marc Shin "when the cat's away, the mice will play"Appropriate saying in regards to remote rehabs.As soon as most contractors figure out they aren't being properly managed because you aren't able to go to the jobsite regularly:1) They will take a long time to get things done2) Quality will suffer3) Highly likely to over-charge4) Highly likely to "create" more work for themselves5) Greater chance of billing you for work not done and materials they use on other jobsCan be done if you know what you're doing & have resources to check on them.Many are posting to ask an agent for contractors, but a PMC is usually a better choice.
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25 June 2024 | 1 reply
There are also some good options just outside the Lake Tahoe basin that can offer year round recreation and 20 minutes to ski areas.
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26 June 2024 | 22 replies
I find that they actually offer more than some other programs at a fraction of the cost.