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6 July 2013 | 3 replies
Starting out, do you need to go get a pre-approved through a bank or lender before looking for your first house to flip??
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7 July 2013 | 9 replies
.- The city offers a neighborhood facade program where they pay 66% of exterior enhancements up to $45kWith that being said, did I do ok?
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7 July 2013 | 4 replies
This property is currently under HomePath's first look program and won't be eligible for investor bidding until Thursday July 11th which gives me a little time to get my financing in order (portfolio or hard money).
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15 July 2013 | 4 replies
Hello,I'm looking for an online website/program I can use to manage our companies workflow and allow our virtual staff to interact with it using different user profiles.I'd like it to have the following capabilities.
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16 August 2013 | 4 replies
If it takes you two years to get permitted, you would need to find land that already has plans that have been approved, otherwise the carrying costs on the loan will be too high and eat any potential profits.As for financing, finding money from a bank or anyone, for spec construction right now is extremely difficult, and the fact you aren't a contractor and don't have any experience adds to that.You mention buying the land and using it as a down payment.
7 July 2013 | 1 reply
We have been helping agents all over the country process their short sales and THIS IS A NEW SITUATION: We were working with a smaller bank and THEY ACTUALLY ASKED US TO HELP THEM WRITE THEIR APPROVAL LETTER!!!
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12 April 2014 | 13 replies
I recently ran into an issue with the building department where they wanted the entire unit (basement) brought up to code just to approve removing a 5' row of kitchen cabinets.
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10 July 2013 | 5 replies
Its cash flows about 5k yearly and I have about 100k in it.I haven't lived in KC for a couple of years and would love to sell the property but the building is not FHA approved and I have been told by a few realtors that sales are very slow because of this.My long term plan is to buy and hold single families in my town so I am just fishing for ideas of what to do with this.
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10 July 2013 | 7 replies
That next discussion was essentially the sales pitch for the coaching program that they are offering.
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31 July 2013 | 27 replies
Anyway, here's what the fact sheet says:The final rule approved today makes changes to Rule 506 to permit issuers to use general solicitation and general advertising to offer their securities provided that: The issuer takes reasonable steps to verify that the investors are accredited investors.and then later in the Fact Sheet:The determination of the reasonableness of the steps taken to verify an accredited investor is an objective assessment by an issuer.