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23 June 2024 | 7 replies
It took close to 15+ years, but states are finally catching on that the majority of loans are no longer held by banks and by non-bank lenders who are selling them off to private equity and other non-bank funds including individuals and they are starting to hear about the shady stuff going around.Regarding straight sub-to and banks calling loans etc., this I think is longer term implosions as I am seeing people who absolutely should not be buying a home as they have no money buy them sub-to because of little down payment and will eventually lose the property and that is when many whose mortgages are still on the property come out and sue.
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22 June 2024 | 4 replies
I am only licensed in WA and HI but am happy to have a conversation, show you the rates you should be getting, etc.
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23 June 2024 | 8 replies
Financing can be trickier, as lenders might have stricter requirements and higher interest rates for LLCs.
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22 June 2024 | 7 replies
What's the Absorption Rate of housing in the area?
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22 June 2024 | 11 replies
We decided to sell our four-plex and made a great profit which we are using to fund our flip as well as hopefully buy more flips or buy and hold homes.
22 June 2024 | 6 replies
Less down payment and lower interest rates.
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22 June 2024 | 7 replies
House hacking it for a year or so, could allow you to build up extra funds for a future down payment, furnishings, and other costs.
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19 June 2024 | 1 reply
New unemployment statistics indicate the region's jobless rate actually fell in April to 3% down from 3.5% in March and only slightly higher than 2.9% a year ago, according to figures from the Texas Workforce Commission.
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20 June 2024 | 33 replies
They are building new fourplex units and advertising compelling cap rates in their pro formas.
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20 June 2024 | 7 replies
Pro-rated first month's rent would be due at move in.