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29 February 2024 | 7 replies
you’re on the right track. just hang around this website & when you’re old enough go ahead & pay for membership at ur local real estate investor group in ur city- every city has one. google it. whatever you do start saving mad cash & get good credit. work hard, save the money & house hack. get a 2-4 multiple fam when you graduate high school with ur saved cash & good credit.
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4 March 2024 | 18 replies
If it is a condo and they were painting the building over the course of a month it might have been a temporary issue.
1 March 2024 | 5 replies
Even if uncomfortable, it's necessary to protect your interests and is fair to ask for copies of credit reports, conduct judgment searches and ask for references.
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1 March 2024 | 3 replies
If it's a unique property or your credit score is low, you may be capped at 75% LTV.
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1 March 2024 | 16 replies
DSCR loans are the wave :) 30-year fixed, not on credit, and yes, lend to an LLC.
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1 March 2024 | 31 replies
I've been pre-approved, but that was through my personal credit.
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1 March 2024 | 6 replies
Check out the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.com
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29 February 2024 | 6 replies
I didn’t sign because their aggressive desperation for me to sign up was a huge turnoff and ultimately it felt like they wanted my credit card number more than anything else (which I’m sure is the case).
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1 March 2024 | 4 replies
Deal specifics of course are a big deal - define your buy box and make sure the specific deal works (cash flow from day 1).