Chris Stedman
Chris from Phoenix, AZ, Just Joined Ready To Flip!
17 May 2016 | 14 replies
My close contractor friend told me to buy in Scottsdale cause that's where the money is, but to be honest that market looks more challenging to me at the moment (until I understand it more).
George-Hyuung W.
Hello from NYC & Nassau County
18 January 2017 | 4 replies
Finding a suitable partner may be more challenging, but if you're interested in making money in RE we have enough in common to at least discuss.
Simpson St Louis
Owner murdered I don't know how to exactly go about this
17 May 2016 | 5 replies
I want to know how you would go about getting something like this under contract (also didn't find the names of her children, I know they would probably inherit the home under Florida's laws.
Juan Torres
new member in So Cal
17 May 2016 | 6 replies
Think about it, especially you young ones: if you’re in your 20s and currently unattached to children, house hacking is a no-brainer.
Samantha Robbins
My "3 unit multifamily" unit appraised as a "2-unit" multifamily
17 May 2016 | 1 reply
Is this something I can challenge?
Tracy Royce
Would you allow a hoarder post-possession?
18 May 2016 | 6 replies
Personally, I've dealt with hoard houses a bit and it's not the mess that's the challenge, it's the mindset that makes me extremely hesitant to match any promises.
Shalabh Jain
Financing an investment condo with less than 50% owner occupancy
8 September 2017 | 14 replies
The FNMA condo guidelines are all here https://www.fanniemae.com/singlefamily/project-eli...Condo projects and properties which don't meet Fannie Mae and Freddie Mac warrantability standards are known as non-warrantable.Non-warrantable condos are more challenging to borrow against.Typically, a condo is considered warrantable if:No single entity owns more than 10% of the units in a project, including the developerAt least 51% of the units are owner-occupiedFewer than 15% of the units are in arrears with their association duesThere is no litigation in which the homeowners association (HOA) is namedCommercial space accounts is 25 percent or less of the total building square footageWhat you want is lender that will lend on NON warrantable condo project.
Derek Eddy
Looking for NJ Lender
15 September 2016 | 4 replies
Need to refinance a rehab we completed in May and have been running into challenges with many banks due to seasoning requirements to go off the appraised value and deed in LLC.
Avi Garg
Managing from out of country
25 May 2016 | 8 replies
It was surprisingly easy.My major challenge is that I have been managing major rehabs from half-way across the world.