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20 July 2024 | 10 replies
If you have no lates in the last 12 months and re-established credit meaning you have atleast 3 tradelines you have made ontime payments on for the last 12-24 months you may be eligible for VA financing with 580 min or lower scores depending on the scenario.Most of the time these type of files with be a total cluster and require 30-40 conditions ranging from letters of explanation, additional documentation, and or other to close.
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18 July 2024 | 5 replies
A Heloc is a good tool for doing renovations or repairs but not for down payments.Especially now that rates are higher on HELOCs versus a simple cash out refinance.
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20 July 2024 | 3 replies
Hi guys we just received our for rent payment!
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22 July 2024 | 5 replies
To pay for the renovation, we did a cash out refinance.
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21 July 2024 | 17 replies
Great buy and hold area only if you let the cash sit in the property.
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22 July 2024 | 15 replies
You can still find tons of positive cash flow and the 1% rule and appreciation here in this market!
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20 July 2024 | 2 replies
I am new to the system and would like to connect with someone that has successfully used the "Affordable" module to manage tenant move-ins and move-outs, annual recertifications, and monthly housing assistance payment requests.Thank you,Moises
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20 July 2024 | 16 replies
@Max Tanenbaum - there are lots of companies (usually law firms) that specialize in tax appeals; they take a percentage of the first year's savings as payment, so you don't have much to lose by using one of them UNLESS the appeal results in a higher tax.
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21 July 2024 | 8 replies
For a BRRRR it should cash flow about $300 monthly, and as a all cash rental about $600 monthly, and both of those were with more upgrades than really necessary for the house because I wanted to way over budget the repairs, because I'd rather over budget and be happy that I'm under than go way over.
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20 July 2024 | 4 replies
Entitlement might get tied up and you might end up needing a down payment though depending on loan amounts.Yes, you could also have a VA and an FHA if needed.