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9 February 2020 | 12 replies
My job for this investor (who is an agent and interior designer) was serving as an analyst, constructing proformas, consulting on my opinion on macroeconomic markets and outlooks for real estate, consulting on microfinancial decisions (I am an Economics major with a specialization in International Macro-Finance & Econometrics), and managing day to day duties of rehabs on site.
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9 February 2020 | 11 replies
@Paul Charles Bayliss since you live in Texas I am assuming you will not be occupying the triplex, but wanted to confirm.
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14 February 2020 | 10 replies
I appreciate the feedback - you confirmed what I was thinking myself, guess I need to trust myself a bit more.I plan on getting with a lender as a formality, but I have confidence there. 800+ credit score and 6-figure income.
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10 February 2020 | 5 replies
Called AXA today - they confirmed it was the higher of the two values.
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14 February 2020 | 60 replies
Its all about debt to income ratio, cash on hand, credit score and steady employment.Sometimes, within a 10 minute phone call the lender can give you a ballpark qualifying loan amount over the phone based on the answers you tell them so, be prepared with knowing your income, debt, cash on hand, employer info & SS number.....Then, they will ask for copies of the paperwork to confirm what you said.
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9 February 2020 | 6 replies
That's a legal item and needs to be confirmed with your attorney, but that is my understanding of it.
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7 July 2020 | 1 reply
I am looking at a 2 unit multi family property that was approved for SRO designation (10 bedrooms).
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9 February 2020 | 12 replies
I then go to the house and confirm what is good/bad and adjust the spreadsheet from there.
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9 February 2020 | 7 replies
You need to confirm the lease with the tenant as well (and have them sign off) - pay special attention to the advance payments section.
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14 February 2020 | 2 replies
All of this will be packaged in a very sleek and modern design with high quality rubberized satin finishes and UV spot gloss artwork.