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8 May 2024 | 2 replies
Looking for recommendations for a lawyer who can help us close a multi family deal in the area (1031)thank you for any recs!
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8 May 2024 | 5 replies
Also be careful of applying before the loan closes, as the lender will ask what the inquires are for.Good luck!
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9 May 2024 | 2 replies
Make a list and look closely at each one to see if they are an option.If you can't find someone within your network, expand your network.
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8 May 2024 | 5 replies
I’m under contract to buy a short term rental at the beach, but just found out the seller cancelled all of the reservations before closing.
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8 May 2024 | 20 replies
In the cities that I would like to live in, the prices are pretty high and most house hacks would be difficult to come close to cash flowing even with all units tenant occupied if I use my 0% down VA Loan.
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8 May 2024 | 9 replies
Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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9 May 2024 | 18 replies
A good realtor who works as a team player rather than being more motivated to earn commission by closing many deals quickly and ignoring the type of deal does not help investors.
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9 May 2024 | 13 replies
So if you want to chat call, text, or email me direct anytime.I've closed over 500 transactions in the last few years, with 75%+ of them being with NY investors, and not a SINGLE one of them have an ill-performing property.
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8 May 2024 | 8 replies
They clearly are living at or close to, pay check to pay check if they need RAFT in the first place.
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8 May 2024 | 11 replies
Making sure you understand various lender's guidelines, doing your due diligence, actively prospecting, and making sure each loan file closes smoothly while ensuring that both your lender and client are happy is not a walk in the park.