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12 June 2024 | 3 replies
I believe setting the precedent upfront solves what could be serious issues before they even apply by giving them a rundown on some of the big key aspects of what the process looks like a head of time.Big indicators are verification of identity and verifying the references for documents when needed.
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13 June 2024 | 20 replies
The ones I bailed out I actually took ownership of.. and got them out of hot water. there was no room for a loan but enough equity for me to step in and solve the issues..
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12 June 2024 | 11 replies
I hope your problems get solved as soon as possible, best of luck!
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10 June 2024 | 12 replies
The lender I spoke with in the new area said our DTI is the biggest issue, and that selling one of the properties would solve that problem, but selling one house hack for another of a similar price/cash flow isn't something I want to do.Still fairly new to REI so any and all advise is greatly appreciated.
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12 June 2024 | 47 replies
You said your problem was solved, however, are you completely happy with the transaction(s) and do you understand everything they did?
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11 June 2024 | 20 replies
Regardless, I'd get to those meetups and network- any of the problems you are having will be solved through networking with experienced investors.
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11 June 2024 | 11 replies
No clue, underwrite some deals and find out.https://www.affordablehousing.com/ is a website dedicated to section 8 rentals and may provide some insight as to what you can expect to get in your local market.
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10 June 2024 | 15 replies
There are usually clues on the listing such as # of units listed vs the type of multi-family.
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11 June 2024 | 9 replies
That solved the problems.
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10 June 2024 | 6 replies
The tenants complained about it, and I solved it by dropping a fence all the way down the property line and widening my side a little by having it repaved.