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18 March 2024 | 10 replies
Everyone things bigger and better is easier and that is not always the case.
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19 March 2024 | 16 replies
Mike, each lender has their different overlays, but if you’re looking to get a hard money and or Bridge loan to begin the BRRRR strategy, here’s a list of the most common documents lenders may ask for:- experience / track record- personal financial statement- scope of work / budget- LLC entity docs- maybe bank statements (lender dependent)everyone is different and each loan is a snowflake.
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18 March 2024 | 12 replies
Hey everyone, glad to join the pro community.
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18 March 2024 | 7 replies
Tell them the property needs work, is in disrepair, and it's probably better for everyone if they just settle it now by selling the note.
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18 March 2024 | 5 replies
Compass actually offered me very enticing $8k sign on bonus before but I like my current firm and they matched it so I stayed this was back in 2021 where everyone was bringing in crazy numbers and they aren't doing that anymore though but the after effects are still snowballing.
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19 March 2024 | 16 replies
not a lawyer but I was under the impression that Texas does not recognize quick claim deeds, only warranty deeds, I'd look more into that. as far as the due on sale clause, everyone i've spoken and have done AMPS, sub-to, or title transfers, only one person has ever have a due on sale clause initiated cause in retrospect banks don't care how they get their money as long as they do.
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18 March 2024 | 4 replies
Most everyone is comfortable with holding a property for a year.
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17 March 2024 | 6 replies
Hello everyone!
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16 March 2024 | 8 replies
However, the local who have been here with metal class incomes still have the dream of home ownership and fully renovated luxury options are not the best choice for them.
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19 March 2024 | 52 replies
To many people to tag here, but everyone needs to remember each HUD office is run separately and many have their own rules.