David Edwards
Ways around “due at sale” clause
22 June 2018 | 2 replies
Morning BP,To make a long story short I just spoke with my lender about acceptable transfers on my mortgage and they have determined that a deed transfer to an LLC is an “unacceptable transfer”.From your (the communities) prior experience what are my options here?
Parker Smith
Trouble Finding First Cash Flowing Deal
16 July 2018 | 27 replies
Compared that with San Antonio (like areas around 1604 ring), where you can get much better houses (newer, cheaper), but with low rents too, because there are so many.
Bennett Schwartz
Question on analyzing a deal
22 June 2018 | 6 replies
The price per unit simply allows you to compare it to other nearby sold properties.
Frankie Woods
"Grim" Affordable Housing Study by Harvard. An opportunity?
5 July 2018 | 31 replies
Certainly affordable compared to market rate, but still not quite affordable by federal/governmental standards.
Tony Crews
4 Year Lurker Turned New Pro Member
24 June 2018 | 8 replies
A few weeks ago I went to a REI meetup but was kind of disappointed when I arrived and sat thru a presentation where they talked about financial freedom trading time for money then offered to sell me their education for $20k and from what I've seen that is pretty cheap compared to some others.
Josh Hackett
Feeling overwhelmed and slightly defeated starting out
23 June 2018 | 10 replies
You should be able to compare claimed sales against vendor invoices as a quick means of forensic accounting.
Hunter Peterson
Seeking FHA 203K advice and market insight for Dallas, TX / DFW
6 July 2018 | 15 replies
Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule: The program has a maximum 4 draw process.The initial draw can be up to 25% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information: Signed Draw Request by borrower and contractorSigned All Bills Paid Affidavit review and approve the draw request and will release funds for disbursementA check will be issued in the name of the borrower and contractor and delivered to borrower via USPSAn inspection of work to date will be performed at 50% completeChange Orders and Cost Overruns: Changes to the initial plan are not permitted unless prior approval.
Michael Cavitolo
Looking to dive in to the market
11 July 2018 | 6 replies
I would recommend you look at that as the prices compared to Austin will be much much less.Start with a duplex or single family, do that for a couple years and then go bigger.I have done all single family so far and will be doing that for another 2-3 years.
Nathan Guyette
Stock Market VS Renting Single Family Detached Home
24 June 2018 | 8 replies
They can both be great paths to wealth over time but you are comparing apples to oranges .
Wesley Morasch
TRUE ROOKIES looking for solid tips for our first investment.
22 June 2018 | 1 reply
The BIG difference is that Im a true novice compared to the time and effort of wall street investing.