Brody Veilleux
“BRRRR” a primary residence
23 December 2024 | 24 replies
Federal programs will require you to use GC/licensed folks for a lot of the work and they will get reimbursed by the institution that your loan is with; many GCs don't want to wait on the float time of requesting funds and getting them.Depending on the program and rehab/condition of the home, you may not be required to live in the home (think black mold remediation...bank isn't going to put you in a compromised position) however they may have min/max of when you need to move in.
Nick Cooper
Purchase long term with conventional 20% or less down
14 December 2024 | 6 replies
Some banks and credit unions are more flexible, especially if you have a strong financial profile.
Sandra Andrews
Escrow Accounts for Holding Security Deposits
10 December 2024 | 1 reply
In most states all you need is a separate account in a bank in that state.
Anthony Jackson
Norada Capital Management Promissory note investment
8 December 2024 | 37 replies
These rates of return surpass what bank-provided bonds and stock dividends offer.
Kyle Jacques
What is the best software for managing STR?
7 December 2024 | 15 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Rob Pattison
Advise on how to pay my Costa Rica property manager
8 December 2024 | 8 replies
And does his bank accept it?
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
So it is really looking more at bank deposits, but most mom and pop owners won't share bank statements.
Alberto Freites
The Miami Market is Overrated?
27 December 2024 | 66 replies
I attached rough estimate on here, I included rehab on to the sales price
Jerry Shen
Buying RE with Bitcoin
9 December 2024 | 166 replies
The bank says oh we’ll accept 57 bitcoin.
Raj Vardhan
Cash out Refi
9 December 2024 | 16 replies
When you are on the commercial side of the bank, and borrowing on the bank's balance sheet, they have a lot more flexibility to how they handle loans.