John Matthew Johnston
Nurse to property management company
5 January 2025 | 9 replies
JohnFirst look at your states licensing laws, they can easily be found online.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
As I stated above I have use HELOC funds as a bridge strategy but that is really it.If you have more questions hit me up and I would be happy to discuss these options in more detail.
Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
I dont know your state laws.
Adam Newman
10% down or 20% down???
23 January 2025 | 10 replies
Avoid PMI and then go to a local credit union and get a heloc after closing to gift the money back.Have this as a tool in your tool belt but pursue use of the 3.5% FHA, knowing that you will be at a competitive disadvantage if you are competing with non FHA buyers, then you can call in the favor from your gift person.Just know that if someone gifts you down payment money, your bank will require them to sign a letter stating that it is in fact a gift that doesn’t need to be paid back.
Dylan Jeluso
Real Estate In College
8 January 2025 | 5 replies
I would start with either an agent who is focusing on investors, or even someone out of State.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
Also, something the state though is looking to make a law on now though.
David F.
Co-op appraisal valuation
24 January 2025 | 9 replies
Additionally, by virtue of owning all of the units I could, with the help of an attorney, construct the bylaws in such a way to maximize value and eliminate bylaws that would be value-restrictive.I've talked to a couple of non-QM lenders who could provide financing to buyers under such a scenario, but the tricky part is appraisal value, especially in a state where, according to Redfin, no co-op's have sold in the last 5 years.If I got a couple units sold using seller-financing at $220/sqft, since there aren't any other co-op comps, would this provide a basis upon which an appraiser would provide a valuation closer to $220/sqft than $135/sqft?
William Fisher
Figuring out percentages of contractor/ lender partnership
9 January 2025 | 4 replies
Check out the state of Illinois website.
Eli Edwards
Help finding active wholesalers
16 January 2025 | 8 replies
Are there specific states or locations you’re looking for?
Kris Lou
Canadian Investing in Indianapolis
7 January 2025 | 9 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?