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23 March 2020 | 30 replies
Originally posted by @Bob Lett:@John Underwood interesting viewpoint as there are Ebs and flows in the market and that’s why capx and having reserves is important for situations like this.If it were to happen I would have a discussion with the tenant how they would lose their government assistance if they don't pay their portion of the rent.Also there are people on the section 8 waiting list so I would next file an eviction.
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10 March 2020 | 11 replies
She’s currently not doing as many deals as she’s focused on assisted living facilities.
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8 March 2020 | 1 reply
The unique thing about this house is that my dad had used a government housing assistance to buy it.
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14 April 2020 | 11 replies
Research who the active investors are in your target area (title records) & connect with them & see how you can assist them on their goals & operations.
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2 May 2020 | 89 replies
Originally, I was locked in at 3.125% with UWM (united wholesale mortgage) but rates went down further and UWM didn't want to unlock me so my mortgage broker switched lenders to Plaza home mortgage for the 2.75% rate.On one of my other 4plex's that's NOO (non owner occupied) I'm refinancing out of a VA to a conventional 75% LTV mortgage so I can restore my VA entitlement in order to use my VA for a 3rd 4plex this year and I'm locked in at 4.674% but I'm thinking I should hold out a little longer for rates to drop further.
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9 March 2020 | 1 reply
I had a client that owned several assisted living facilities up and down the East Coast.
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13 March 2020 | 1 reply
Since this will be potentially my first long distance investment, I need all the assistance I can get.
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16 March 2020 | 3 replies
So I don't actually do section 8 or assisted housing programs for that reason.
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10 March 2020 | 11 replies
I have invested roughly $8,000 in cosmetic repairs, and I currently rent it out for $900 a month..also I have 15K that i saved to assist me in my next investment.
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8 May 2020 | 12 replies
I find that I often have to call the 311 number for assistance.