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11 July 2020 | 6 replies
Many people believe that you're better off to take that $3k, spend $100 on books, $100 on meals with mentors, and invest the rest.There is so much free information available in books and on this entire platform.
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7 April 2020 | 27 replies
There are a lot of quality private lending/hard money companies out there that are structured in the more traditional way of either using their own funds, managing a fund or managing their own investors and placing their capital into loans.
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20 September 2021 | 975 replies
@Sam CherrySam, no one is saying this is a solution.This is just an option available.You might be surprised that disaster loans from the SBA traditionally even go to homeowners, not even landlords.
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20 March 2020 | 0 replies
Traditional loan with 10% down in 2012 How did you add value to the deal?
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22 March 2020 | 12 replies
etc.I think when people are saying that the real estate market is not affected by the virus they are meaning that downward pressure on prices and rents tend to lag behind the general market economy and so number changes would take some time to show up but you rightly point out that the buying and selling behaviour has been impacted by the social restrictions and this is very new so I agree that there is an impact albeit temporary.To respond directly to your concerns about extending - I wrote an offer yesterday and we included a hot off the press COVID-19 Addendum to the contract to mitigate the buyer's exposure if delays resulting from the disruptions caused deadlines to be missed - the traditional Purchase Contract in FL at least has a Force Majeure contingency in it but COVID-19 is not considered a Force Majeure event so you may need to consult with your agent/Attorney about how to get an extension.
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16 April 2020 | 72 replies
@Scott Hibbert I don't do any work with traditional homebuyers.
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23 March 2020 | 5 replies
A year or two down the line when I PCS, I will refinance to a traditional mortgage, opening up the use of my VA loan again?
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14 April 2020 | 160 replies
We provide safe and affordable housing to citizens who can't afford to purchase homes themselves.Second only to to food, shelter is important as a basic need that no American should live without.This is why I am writing to you to ask for help in the implementation of emergency changes to the Federal Housing and Urban Renewal Section 8 program.As a landlord I propose the following:The qualification for Section 8 should be opened to all unemployed American receiving unemployment benefits.All Landlords who file a IRS Schedule E are eligible to receive benefits based on properties listed on their Schedule E for 2018 or for any 2019 tax return filed.Section 8 will waive the home inspection and Landlord requirements for the participants in this emergency program and will not remove the traditional application process for those seeking to participate in the Section 8 program.
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28 March 2020 | 37 replies
Please post on your social media platforms and blogs.
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20 March 2020 | 0 replies
Any thoughts on how to structure a deal without traditional financing and little cash?