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16 May 2024 | 17 replies
If not, I'm sure there's plenty of tools online that can help you budget and keep you accountable to your budget.
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15 May 2024 | 12 replies
For example, they can finance up to 70% of the ARV meaning, if you have a perfect 70% deal (purchase price and rehab are withing 70%) they will cover those cost for you.you will still incur closing cost, taxes, and insurance cost though for example.True 100% financing (ZERO out of pocket) typically requires solid relationships with private lenders or a combination of hard money lender and private lenders.
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15 May 2024 | 17 replies
FHA only requires 3.5% down for owner-occupied SFHs.
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14 May 2024 | 1 reply
I am reading online that I shouldn't hang my EXP license until I find a good sponsor.
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14 May 2024 | 15 replies
DEC 12, 2023Good news for Greater Toledo homeowners and all concerned with prosperity here comes from Realtor.com’s forecast for 2024.Economists for the largest online real estate website predict Toledo will be the hottest home market in the nation next year.Affordability and stability are behind the Realtor.com projection of 8.3 percent price gain for Toledo homes in 2024.
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15 May 2024 | 14 replies
Additional streams of income:1) Have mortgage broker present at open house (and charge them "$5000"%) to pre-approve those who want it (but don't make that a requirement to bid).2) Sell the bidder list to other investorsI have not seen any such ads in my area and I'm wondering if it's because this system is not effective or is it because nobody is utilizing it?
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15 May 2024 | 14 replies
I mean which are the usually requirements to show to lenders?
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15 May 2024 | 3 replies
So, the terms of your lease should be catered to that, with very strict insurance terms, personal guarantees behind any company signing your lease, requirements that lessee handles all repairs and maintenance, additional security deposits, and I would go so far as requiring minimum review quality for the host, limits on quality of guests they can accept, etc.And to your point about Airbnb not doing background checks, you are right.
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15 May 2024 | 5 replies
Yes when going for a personal full doc it will require all of that documentation .