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6 December 2019 | 11 replies
Fannie Mae requires lenders to document your rental income with your last year tax return, or in cases where it makes more sense to do so (underwriter discretion) they'll use 75% of the gross rental income you receive per your lease agreement.
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7 December 2019 | 7 replies
For you to add value to an investor/builder you should have the property under contract and send investment packages to builders on comps of finished product.
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6 December 2019 | 9 replies
The request states that electrical rough out is 70% done, and if inspector concurs, then GC gets paid 70% of the budgeted amount.As for a contract, I have a package that is a balanced doc that doesn't favor Owner or GC.
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18 December 2019 | 12 replies
They will have packages that you may not even need to refi out of the original loan- as long as you have a business plan.
7 May 2020 | 65 replies
So, my hope is that I can put together a package good enough to at least secure a funding commitment, So I can really get the ball rolling.
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11 December 2019 | 0 replies
I know of the usual suspects, QB, Quicken, Xero... but wondering if anyone has experience updating these packages from Buildium exports - is it easy?
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11 December 2019 | 0 replies
I don't have $700-1000 to pay for a trust & sub2 package until right at closing which does me no good.
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2 July 2020 | 7 replies
It's just a reality of the world, also the mortgage backed security market would have a difficult time bundling these mortgages into their packages.
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16 December 2019 | 10 replies
Certain loan packages?
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18 July 2020 | 37 replies
My answers 1 by 1:1 My goals are based on financial end results...as in TOTALS for the year...which are based on needs.2 I reverse engineer from my goals, so the goals are the starting point...not the end point3 I designed software packages that help me plan, and follow.Now, here's my question to you:"What made you arrive at the three goals you stated above"