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7 January 2016 | 2 replies
This has the practical effect of me having investor clients out there that I've done mortgages for already that are "permanently preapproved" for however much cash they have on hand for down payment plus closing costs because while I do not know what their DTI will be, I do know that it will go *down,* meaning that I do not care about it.Note that the lesser of current lease agreements or appraised market rent will be used, unless you can demonstrate that the current tenant will be departing the residence.
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13 January 2016 | 16 replies
-Looked for recent cash sales and figured out what investors were buying in the area by searching the property on my county's tax assessor website-Practiced comping propertiesI plan to use the rest of January to set up my business structure and have my first direct mail campaign out in the first week of February.
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8 January 2016 | 4 replies
What are the typical practices, and what would be some red flags to watch out for (e.g. someone trying to hide something from you by denying access)?
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8 January 2016 | 1 reply
Hello all, I have a home I bought Sub2 that I will be getting a policy on tomorrow, but have a couple questions before I pull the trigger. I should mention I am actually living in the property as my primary residence,...
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8 January 2016 | 10 replies
He called us and we responded first with sympathy and then with practical help.
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13 January 2016 | 7 replies
In addition, the quality of PM companies can be pretty bad (just as in any market), and the language & cultural barrier can be a real challenge in you managing them.
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12 January 2016 | 12 replies
That's generally accepted practice in this area.
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8 January 2016 | 7 replies
Go learn about real estate and wholesaling before you start to practice it.
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18 May 2015 | 13 replies
In the summer months especially, I think Barcelona can compete with any city for vibrancy, aliveness, culture, and quality of life.
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20 May 2015 | 12 replies
@Bob Bowling I absolutely agree that you should enjoy "today" but setting goals is important and a practice I think everyone should follow.