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11 September 2024 | 17 replies
What will set you apart is the experience you gain through the advice others have given on the subject and the amount of time you've dedicated outside of school to learning your craft is your alpha.Wishing you the best!
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9 September 2024 | 22 replies
Excellent location in Mesa.I shopped around and I found a mortgage broker who was able to get me a 6.99% rate who took the loan to UWM (united wholesale mortgage).I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rate.part of the approval process for the Fannie Mae 5% mortgage is to make sure that i could afford this property and that i have good credit, my income is consistent and stable and it reflects that on my tax returns, I have sufficient capital reserves for the subject property and my other 10 Multifamily properties (6 months of PITI for the subject and then it's percentage based off of the loan amounts and how many properties you have)I agree, the more that government "helps" they therefore are increasing pricing.
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7 September 2024 | 5 replies
What you want to avoid is expensive upgrades that don't add value to the home, like 18K for fencing.The good news is the appraisal will be done based on the building plans and the value will be subject to the completion of the home.
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8 September 2024 | 18 replies
Furnishing a bedroom is very subjective but can be done for under $3K with higher than average materials.
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8 September 2024 | 29 replies
D) The street address number for the subject property wasn't supplied even after I purchased the lead.
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9 September 2024 | 28 replies
Please feel free to reach out if you'd like to talk more on this subject!
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7 September 2024 | 19 replies
What a subject line hahaha.
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6 September 2024 | 9 replies
Your non-passive income is subject to Self Employment (SE) tax and passive income is not.
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6 September 2024 | 24 replies
Interesting to hear there are anti-RK folks out there, but then again, aren't all public figures subject to scrutiny....I just signed up to download your book -- great looking website and nice logo.Here's a question fitting for the newbie forum: what's the one piece of advice you wish you could go back and tell yourself before your first purchase?
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5 September 2024 | 0 replies
The sellers were amicable to creative subject to financing with a low down payment to get in.