Bienes Raices
Obama to institute mortgage forgiveness?
6 August 2010 | 9 replies
The other mortgage mod. programs have flopped, but if this is accurate it sounds like a much bigger deal.
Todd Bayer
Conventional Financing
31 May 2011 | 9 replies
I've since found out that US Bank will go to 6 financed properties, at least in my area, and I have a loan in process with them.Here's a few more pieces of info I've picked up lately:If you want to use any of the rental income for qualifying in debt ratio calcs, you'll need the following with US Bank (they follow Freddie Mac guidelines, I believe Fannie Mae is very similar so this should be generally accurate across the board):* 2 years experience owning 1-4 unit properties as documented on Sch.
Jeff L.
how good is this flip deal ?
11 May 2011 | 35 replies
If those numbers are accurate, it's a great deal.,.In fact, it's so good of a deal (potentially $120K profit on a $300K sale), I'd be skeptical those numbers were accurate.But again, if they are, looks great!
Jesse Anguiano
Probate court necessary?
20 July 2018 | 2 replies
Probably only a probate attorney could give her accurate advice.
Gerardo R Gonzalez
trying to learn a thing or 2
20 July 2020 | 6 replies
as for the rehab costs: You need to get accurate estimates from contractors before you close on a property.
Andrew Fink
Rehabbing 1900s 2 or 3 Flat in Chicago
3 June 2020 | 22 replies
I'm also curious about the question @Andrew Fink had about how to accurately estimate rehab costs.
David Haynes
The Sky Is Falling! The Sky Is Falling?
13 August 2020 | 38 replies
If you do what the crowd does, you'll get the results the crowd does - Which are lower returns than someone that can accurately assess risk and make investments.Same thing happened in 2011 most people didn't want to buy.
Zack Welch
How much money should I set aside for maintenance?
16 August 2020 | 5 replies
I have seen some people factor in O&M/vacancies into their books to more accurately forecast a clear cash flow value.
Peter Mason
Proof of funds aka pre-approval letter for MF/Apartment Building
13 May 2016 | 7 replies
The problem is to make an accurate analysis and ultimately an accurate presentation to the lender I have to first get access to the property.
John Jacobus
Shopping for Loans While Avoiding Impact to Personal Credit Score
15 May 2016 | 11 replies
However each inquiry is only a 5 point hit if that.Submit it to lenders with instructions to base the pricing off the submitted current Tri merge bureau and not pull a new one until you have formally applied.This allows them to accurately price their product and generate the estimates.