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16 July 2024 | 0 replies
Purchase price: $176,000 Cash invested: $53,968 Sale price: $220,000 Want to share my first flip, project.
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20 July 2024 | 3 replies
My background is in analytics and have worn a couple of different hats in the space - sales compensation, business performance / reporting, COGS management, and opportunity / risk evaluation and implementation.Real estate investing is the first topic in a long time - maybe ever - in which I've been truly interested in learning more.
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20 July 2024 | 11 replies
Now you have cash to put down on a rental property conventional loan, and you can go and grab the next live-in flip with the VA loan.2. after six months to a year, move to the next property, where you can use the remaining balance on your VA eligibility to acquire and rent out the first property.
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20 July 2024 | 13 replies
I know which product that you are referring to. the conventional mtg product has the following features. 1. minimum 15% down payment 2. 30 yr fixed term 3. rehab and repairs can be included in financing 4. borrower can be a first time investor. 5. no prepayment penalty. 6. the contractor will receive an initial draw at the closing table. 7.
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20 July 2024 | 5 replies
This is a local bank in a rural area and my girlfriend and I have our mortgage on our home through this bank, but I really am not sure how they would have pulled my girlfriends information for a credit check if her Mom did not provide the info.We will be calling first thing Monday morning when banks open, but our major concern is whether she is able to sign for the loan (should it be approved) without my girlfriends approval, since she is also listed on the deed.
19 July 2024 | 58 replies
Let that be the first priority every time you look for a market.
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20 July 2024 | 9 replies
First, if you go to the top of the page there is a section to "Find a Lender".
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20 July 2024 | 22 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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16 July 2024 | 33 replies
First you have to interpret things accurately.
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17 July 2024 | 15 replies
Most new development is well over this mark and, since there aren't likely to be many more complexes built that offer decent living conditions for lower-end rents, there is probably some room to raise Class B/C leases in the coming years as more people move into Louisville.And, if things do decline, the "luxury" crowd is going to be looking for cheaper digs.