12 August 2020 | 12 replies
Consider how long you plan on being overseas and see if that impacts the path you want to take.
13 August 2020 | 12 replies
You can make a huge impact on an investor by spending time in their circle and doing the work that helps them get to the next level.
12 August 2020 | 5 replies
What is the single most impactful value-add item I could invest in that would positively impact rents?
19 August 2020 | 4 replies
I'm looking in South Lake Tahoe (CA) and Stateline (NV) area that are VHR (vacation home rental) eligible to live in and house hack, then use as rental property if I have to come back to CA for work.Question is, would there be a great impact if I bought property in Stateline, NV instead of South Lake Tahoe, CA?
11 August 2020 | 3 replies
I'm looking in South Lake Tahoe (CA) and Stateline (NV) area that are VHR (vacation home rental) eligible to live in and house hack, then use as rental property if I have to come back to CA for work.Question is, would there be a great impact if I bought property in Stateline, NV instead of South Lake Tahoe, CA?
17 August 2020 | 6 replies
Typically a second with negative equity only gets 5-10% of UPB.One of the keys to a short sale is anticipating this, and having the buyer agree up front that they may have to kick in another $5k-$10k above the purchase price to help satisfy the difference in what the first is willing to give the second verses what the second demands.Also, shorting one of the loans has the same negative impact on the seller as shorting both.If you DO ending up booting the first buyer (I never did, I worked them to the end) your other buyer should have an offer of $235k (not $245k) and be willing to pay up to the other $10k toward the second, assuming that is the problem.
11 August 2020 | 0 replies
I have engaged in gathering information from one of the vendors listed on Fannie Mae’s website but this is new territory for me and I would like to hear from others who have successfully navigated this process.Specifically, what surprised you about the process and were there anything you wish you had known about upfront that would have impacted your decisions about using this financing option?
12 August 2020 | 13 replies
One potential renter is a highly educated social worker who was recently impacted by a COVID-19 related layoff.
12 August 2020 | 8 replies
She brought up good points such as the industry of the potential tenant, and the risks that their job would be negatively impacted by a second wave a covid, work history, rental payment history, etc.
12 August 2020 | 3 replies
Not sure what impact this virus is having, but it is tempting to think there has to be some effect, right?