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4 November 2017 | 0 replies
Please message me if interested.
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18 November 2017 | 6 replies
I would reccomend finding a crew that specializes in putting the shells together, Deltec has a number of set crews they can help you finding.
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7 November 2017 | 9 replies
There are several local community banks who would enjoy hearing your story and could possibly refi all the properties for you in a single loan.Send me a private message and I'll be happy to make some introductions for you.
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9 November 2017 | 5 replies
Hey BP members,I'm looking for real estate attorneys and CPA's that specialize in partnerships and LLC's based out of Bronx and Westchester, NY and the Poconos region of Pa.
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6 November 2017 | 3 replies
you can message me and I'll send over info!
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13 November 2017 | 1 reply
Would be happy to put you in touch, shoot me a message and we can see if its a good fit.
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7 November 2017 | 4 replies
.% down of the purchase price and the rehab costsCan be used for primary residence with 1-4 units (could also be looked at as a disadvantage) When using 2-4 unit property, projected income from other units can be used to qualify 6 months' worth of mortgage payments can be rolled into the renovation budget if the house is deemed uninhabitable by the HUD consultantCredit scores can go down to 600s (lender dependent) DTI can go to as high as automated underwriting system allows (typically 56.9%)Allows you to buy a property in any conditionCan use it to fix minor repairs all the way up to basically a full tear-downFHA 203k Disadvantages: Interest rates tend to be about .25-.5 higher than regular FHA loan Additional costs include HUD consultant fee, inspections, title updates, and supplemental origination fee (Cost of doing business, but this is built this into your numbers, so it's no big deal)Must use a licensed General Contractor for a full 203k or up to 3 specialized contractors on the limited 203k Must hold onto the property for 1 year and live in it.
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5 November 2017 | 4 replies
For more details, please message me!
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14 November 2017 | 11 replies
I'll send you a message about meeting up sometime.Rick
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5 November 2017 | 1 reply
I'd love to see what messages you all send out that have worked for you, as well as get your thoughts on the whole thing.Thanks!