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25 August 2024 | 10 replies
Park Makeup 3 TOHs, 6 POHs(Ones a Doublewide if that matters), and One Empty pad that I could use for projections for DSCR according to one commercial lender.Is there any way to better gauge what a park might appraise for if looked at for only pad rents occupied by mobile homes?
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25 August 2024 | 6 replies
Originally posted by @Christopher Blanco:I normally don't do carpeting in my rentals, but the new one I have doesn't lend itself to any other flooring.
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19 August 2024 | 4 replies
Unfortunately this is not as apparent and may require speaking with past borrowers but I would go with the lender with a streamlined and rationale draw process even if the underwriting/ origination process requires more of my time & completing/ turning over additional documentation.
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26 August 2024 | 14 replies
Having friends near by can be an advantage.
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20 August 2024 | 15 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
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26 August 2024 | 2 replies
According to the article in 2015 consumers lost ~$9 million from this fraud vs nearly half a billion dollars in 2022.A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home.
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25 August 2024 | 4 replies
Outlined the total amount owed and the months allowed to pay it back in, then divided it by that # of months and tacked it onto their rent.
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26 August 2024 | 0 replies
I added value to the deal by doing a "live-in" renovation.
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25 August 2024 | 0 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.
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26 August 2024 | 4 replies
For example, during my application they rejected it the first time because they required that all of my points be SEPARATED by all the different brokers I worked under (signed off separately in terms of how many points I earned under which broker) 2.