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23 May 2024 | 2 replies
I’ve got a distressed and on-market house that was recently completely renovated until the couple ran out of money (all of the heavy lifting has been done, just a few things left), and it is listed well below market price compared to surrounding comps I could find.
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25 May 2024 | 10 replies
So if you are looking to meet agents, wholesalers, maybe a couple lenders, or some investors that have done a few flips or own a couple SFRs, you will find many people there.This isn't to say they are bad, but in the several dozens I have attended, they have not been worth my time, professionally or personally.
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25 May 2024 | 14 replies
this is somewhat true. depending on the size of the "skeleton". what we found from being in renovations for 8 years and new construction for the last 5 years nationally is that what actually makes the money is design, entitlement, land acquisition, etc. you can pull every lever in new construction. it's more active and you have all the control. if you don't make money it's your own fault. talk to any lender who looks at deals they would agree. banks prefer ground up at the regional level who see deals than existing renovations.
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23 May 2024 | 7 replies
Buyers have a bit more breathing room to negotiate.Sales Activity Upward Tick: Closed listings across the Austin metro area saw a 5.9% increase compared to April 2023, indicating continued housing market activity.What Does This Mean?
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24 May 2024 | 3 replies
There are rules in Ohio where if the borrower has more than 20% equity or has held the land contract for more than five years then the lender must go through a judicial foreclosure as if it was a mortgage.
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22 May 2024 | 5 replies
Some lenders report to the credit bureaus for DSCR loans and some don't.
25 May 2024 | 11 replies
lender?
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22 May 2024 | 6 replies
You can potentially look for "hard money" lenders which will typically have looser barriers but the rate and fees are going to be much higher than conventional.
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24 May 2024 | 1 reply
I am new to real estate investing, I have not talked to a lender for pre-approval because I am in the beginning stages of learning.What is the best business structure to use for a rental property business, Sole Proprietor, LLC , or corporation?
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23 May 2024 | 1 reply
What does a borrower need to provide a lender to refinance a owner financed mortgage note?