Jack Seiden
A subscription based real estate model
17 March 2024 | 2 replies
Would you pay for a subscription model say $1000 a month where you got access to knowledgeable investor agent who had zero stake on if the transaction closed but provided you with local knowledge, strategies, ran comps, looked over deals, even looked over home inspection reports, talked in the phone, basically a consultant (you could possibly tack on services like writing offers or seeing a property in person) my thought is if you buy a property relatively quickly, it’s much cheaper than paying 2.5% even if you end up paying for the service for a few month’s and realize it’s not a good time for you to buy you are only out a few thousand dollars as opposed to hundreds of thousands of dollars, this would basically take the agent’s need to sell you a home out the process, presumably there motivation would be to keep you subscripted for as long as possible but you could easily just cancel and if you were interested in buying later resubscribe than.
Anthony Aldrich
Reporting payments to credit bureaus
17 March 2024 | 3 replies
I need to replace my 2007 Toyota Tacoma with a newer work truck but I don’t have a credit score that will offer lending to purchase that truck.
Jonny Provost
Topsail Area Long-Term Rental
17 March 2024 | 1 reply
We put a the first offer in and got the sellers to cancel weekend showings, so there was no bid war.How did you finance this deal?
Steven Whipple
Lender changed the terms and now the deal doesn't pencil
17 March 2024 | 12 replies
We got pre-approved for financing, and our offer was accepted.
Salina Doe
What Does This Mean For Real Estate Agents - NARS Dropping The 6% Commission Rate
17 March 2024 | 4 replies
Nothing really changed $0 vs $1 I bet listings still for most part offer co-op and if not lenders would cover it, etc.
Kaynan Na
Every investors NIGHTMARE? Both properties have LIENS!
18 March 2024 | 18 replies
Property 1 im 120k into it, the morgage company wants 136k . its worth around 190k currently, rent is 1800 if i wanted to rent it, HOA is 450Property 2 im 280 in to it, the lender wants 360, but its worth 500 and can easily appreciate more quickly, rent is 4000, HOA is 1400i have a family friend who is a lender whos willing to help offer cash to the lenders and then i can either sell properties for a lesser loss than 400k or hold for a few years and throw tennants in it and sell after to break even with the appreciation I'm hoping the lenders for the second propery is willing to work with me , and maybe even negotiate. i hired a lawyer today. fingers crossed.BEWARE everyone because im in a very bad scenario :(
David Fernandez
Foreign Private Money Lenders
17 March 2024 | 9 replies
Now I am investing in the US and a few of them have offered to lend me money at a set interest rate that I will use to grow my US real estate portfolio.
Elton Tate
Seller Wants an Offer Before Seeing Property
14 March 2024 | 26 replies
Go ahead and write an offer at whatever price you want.
Victor Lo
Beach condo vs SFH
17 March 2024 | 3 replies
Sometimes a title company can get you the HOA rules before putting in an offer.
Angela Arriaga
House Hacking in Los Angeles County
16 March 2024 | 12 replies
I *love* the northern part of Inglewood, but there are also NELA pockets like Cypress Park and El Sereno that offer a tone of value.And all of these pockets, almost entirely, are in NACA-qualified tracts.