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7 March 2020 | 0 replies
No special favors, but I think it helped that he knew I could close.By 1) being honest, 2) proving a quality product, and 3) being a responsive landlord, I was able to find tenants quickly through my network.
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9 May 2020 | 8 replies
Would you mind sharing the credit union that provided this product?
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9 March 2020 | 4 replies
You can even convert a quad into a 2-unit or a 1 unit into a triplex ...as long as the final product is a 1-4 unit residential property.
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7 March 2020 | 0 replies
Loan product from All In Credit Union How did you add value to the deal?
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7 March 2020 | 0 replies
Loan product from All In Credit Union How did you add value to the deal?
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9 March 2020 | 8 replies
I'm not sure how the Tucson market is but I wasn't able to find any properties qualifying for the FHA loan program for a 4-unit property in Los Angeles because of the Self Sufficiency qualification.Now I'm looking at buying a single family home and buiding an ADU on it since there are many low downpayment, low interest loan products out there for this strategy.
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2 April 2020 | 3 replies
Main criteria-3+star neighborhood, 20% down, 10-12% cash-on cash return, ~7-8% cap rate, 80-130k purchase price, 1% rule, amongst others.
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7 March 2020 | 2 replies
During a discussion with my mortgage broker today, she mentioned that as I start doing real estate flips, an Exposure Line will be a good financial product for me.
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28 March 2020 | 13 replies
I couldn't find any loan products that could make this happen.Now I'm leaning towards buying a single family home in a decent area of Orange County and use it as my primary residence.
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9 March 2020 | 5 replies
If so you may need another short term loan product to get the rehab work done.