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3 August 2024 | 10 replies
It's crucial to have a team of trusted professionals, including a good real estate attorney, to help navigate these issues.For future flips, consider adding clauses in your sales contract that limit your liability for issues discovered after the sale, especially for systems that were inspected and approved by local authorities.Let me know if you ever are looking to finance your next flip by the way!
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5 August 2024 | 8 replies
We verify everything listed on their application as well as a handful of other questions (using a modified version of the one from BP).
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5 August 2024 | 6 replies
It looks like Airbnb may be a good option as well.
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5 August 2024 | 7 replies
It's done well enough to keep the lights on with a modest profit, but definitely could do a lot better with more of that experienced property manager's "secret sauce".
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5 August 2024 | 4 replies
You can also do a skiptrace to find their address and or phone number as well.
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2 August 2024 | 15 replies
I have lived in this home for 4 years now and love my 4.75% rate as well as the equity I’ve seen in those 4 years.
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5 August 2024 | 4 replies
Some conventional programs go up to 50% DTI as well.
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6 August 2024 | 4 replies
I'm seeing renovated inventory sit, then trade well below list in a large portion of the ATL metro.
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5 August 2024 | 9 replies
Howdy Folks,I want to create options for my sellers moving forward to help ease them into the possibility of providing private seller financing for buyers.I have come up with a list of 3rd party loan servicing businesses, but I also want to provide a software option where the seller can more directly manage the loan.First, let me share the list of 3rd party servicers (please let me know if an awesome player in this space is omitted):Evergreen Note Servicing | Note Servicing Made SimpleFCI Loan Servicing - Loan Servicing Programs for Lenders of any size.Loan Servicing - Weststar MortgageNoteSmith HomeMortgage & Note Servicing - Note Servicing CenterWelcome to Statebridge - Statebridge CompanyLogin - AlliedServicing CorporationI really have not found any good software solutions that would fit well with a seller who may have just one private loan to manage.
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5 August 2024 | 4 replies
@Srinath GopinathanI don't have an exact answer for you - but would guess that it is because the the covenants and bylaws spell out what the separations are between what the HOA is responsible for, as well as what the condo owner is responsible for.