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17 February 2025 | 6 replies
There's currently a tenant in the house (who I presume caused the smoke damage), but the seller promises that this tenant will be gone before closing.
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11 February 2025 | 20 replies
The other hurdle many run into is that you need to have funds to close and cover reserves in a US based bank account.
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19 February 2025 | 9 replies
The lender rep or broker you are working with should be able to walk you through each step so you have a firm understanding of what has to happen in order to get your file to closing.
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29 January 2025 | 18 replies
If you would like to hop on a call I would be glad to connect and see if I can add value to you and your organization.
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4 February 2025 | 10 replies
would love to connect. best of luck on your journey
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19 February 2025 | 8 replies
Using simple numbers, assume I want to purchase a $100,000 property using crypto as collateral:- I pay the closing costs with cash- I put down 10% down payment with cash ($10,000) - I utilize a crypto mortgage for the remaining 90% ($90,000) This way, I still keep my crypto and I have a property, both of which may accrue in value over the long-term.
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31 January 2025 | 8 replies
The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn.
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3 February 2025 | 26 replies
I just had a client close his first refinance loan and he only paid $1645 in UW fee.
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17 February 2025 | 19 replies
Figure and NYFTY are easy automated HELOC programs with super quick closings (I did one for a client that funded in like 72 hours from loan app).
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12 February 2025 | 2 replies
The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.