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20 February 2024 | 11 replies
Homeowners are leaving companies like that in droves and you may be just as successful on your own.
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20 February 2024 | 4 replies
Once inspected and ready to move forward, the purchase agreement (seller+me) and assignment agreement (me+buyer) are both sent to a titling company who then handles the rest of the transaction.As far as them being vague I’d assume that’s a terrible wholesaler and go find another deal with a wholesaler that you can communicate effectively with.Im also curious as to why you need a private investor?
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20 February 2024 | 11 replies
Or from anyone outside of the area, any general advice from your experience on how to find a solid property management company?
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21 February 2024 | 5 replies
At the 6th month mark you can elect to do a "rate & term" refinance if the LTV is 85% or less.You can use the same title company "Master policy" to save a good chunk of change on the refinance and ask for an AVM to avoid an appraisal (if no cash out).
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21 February 2024 | 6 replies
I've had my own company for the last two years which makes it a little harder to get financing.
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21 February 2024 | 11 replies
NEVER ever send a lender money in advance other than maybe a small deposit like 100 or 150 bucks to run credit etc.. and then most will have you pay for the appraisal directly.Really was a waste of time and money.I am thinking of always getting a title company/attorney or reputable entity to act as the median between me and the contractor/lender in every future opportunity.Honestly, I was overzealous looking back.
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20 February 2024 | 8 replies
Ideally you (the lender) would be a passive partner in the company, take a percentage of the net profit from each deal, and not be involved in the day to day operations.
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20 February 2024 | 6 replies
I've launched an STR management company locally also if that interests you at all.
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20 February 2024 | 4 replies
Maybe I should bring this up with the company...I don't want this to be all about GR but we have always had DSCR options that go below that 1.25% ratio.
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20 February 2024 | 9 replies
For any business expense paid for with a personal card, we have submitted an expense report and reimbursed using a company check.