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11 July 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
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7 July 2024 | 11 replies
Unfortunately, I was only sent an auto-email with no lender contact or any additional information.It doesn't look like anyone has closed with the "new" vendee loan in my market yet.If anyone has additional information or contacts please let me know!
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11 July 2024 | 10 replies
You are likely about half of that if (unless you pay points to buy the rate down).
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12 July 2024 | 7 replies
Occasionally, I'm asked about two or more people pooling their resources to buy properties.
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10 July 2024 | 12 replies
I decided not to buy anymore and stick with my few solid properties that have a good amount of equity.
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12 July 2024 | 10 replies
Full Brick Detached Duplex in Optimist Park (4 Bd/2 Ba) 1610 sq feetPP: $565k DP: $28k Closing Costs: $0 ($15k seller credits) *Used to cover CC & Buy Down RateRenovations & Furnishings (MTR/STR): $47kCash Invested: $75kARV: $675k-$700kJust a quick aside, I think right now is a great time for an investor, because there are a lot more people on the "side line".
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11 July 2024 | 24 replies
We're looking to buy a property (most likely a condo due to budget) and would like to AirBnb it for part of the year and use it for part of the year.
11 July 2024 | 1 reply
Question 1: Whats a good creative way to get them to sell these lots either outright or as a short term investor and can buy them out when the construction loans turns to mortgage?
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11 July 2024 | 12 replies
Using the money from selling that home to continue buying ETF’s (paying dividends) and continue offering private money loans to home flippers I partner with.
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10 July 2024 | 16 replies
You can offset this with points.When the lenders provides you with an estimate of the loan along with all the charges pay specific attention to:Origination fee - This is whereLoan Points - Sometimes they force you to buy a point and they bring down your rate in returnapplication feeunderwritting feeBasically you want to compare how much you are paying in all of these and what interest rate they are giving you based on this costs.