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30 March 2020 | 1 reply
Resources that could range from interest free loans to tenant support resources you can suggest to your tenant.If none of those work out then maybe you can consider asking your lender to convert your loan to an interest only loan and reducing your tenant's rental amount temporarily to be able to cover the interest only portion instead of the full mortgage payment until the dust settles.All the best,
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31 March 2020 | 12 replies
Hello friends, I hope you are all healthy in these trying times.So I have a refi and I know a lot of this is subjective , but I am wondering what you would do in my shoes.Here are the factsAll in for 102,000Appraised 238,000Rent revived by HUd per month : $2400If I take full amount (75%) it’ll be 172,000 with a monthlong payment including insurance and tax approx $1100.This house is all rehabbed so I don’t foresee many maintenance expenses for some time.I don’t have many expenses so realistically in this scenery I can guess conservatively and say I’ll cash flow 800 after all expenses (500 if so)Would you take the whole 172k at 3.5 % and be cool with $800 cash flow as opposed taking much less and getting 1000+ cash flow on said property?
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21 June 2020 | 8 replies
Thank you all for the support and greetings!
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30 March 2020 | 0 replies
Most of you probably know, but I wanted to get the word out that Realtors are now considered Essential personal (With Restrictions) We have an update from the Governor, and real estate agents are now able to do the following under the current “Stay Home, Stay Healthy" order: 1.
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8 April 2020 | 2 replies
The Applicant only needs to certify that "Current economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant," among other things as seen on the application.
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4 May 2020 | 49 replies
Our $250 million USD support will come entirely from Airbnb at no cost to the guest, and we hope you’ll accept it as a show of commitment to our hosts.You can learn more about the policy in detail here https://www.airbnb.com/resources/hosting-homes/a/250m-to-support-hosts-impacted-by-cancellations-165Answers to common questions:Is Airbnb accepting fees on cancellations?
4 April 2020 | 9 replies
You can get training, support, and mentorship without having to go in to an office these days so that's not a factor.
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30 March 2020 | 1 reply
Stay safe and healthy first!
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1 April 2020 | 3 replies
From there, you can continue to learn, build your plan(s) of attack, fine tune what areas of RE you want to go deep in, and frankly start building a career and income that can support REI in SoCal, perhaps the most expensive place to buy alongside SFBA/NY.