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22 March 2017 | 9 replies
Only way you can refinance a investment coop is, if it falls under Harp guideline.
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12 September 2016 | 5 replies
Fannie Mae and Freddie Mac guidelines do not allow you to close in a LLC or any corporate entity.
4 April 2017 | 4 replies
They have their own underwriting guidelines and will easily explain them to you.
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14 September 2016 | 2 replies
., if they cleaned the area there would be lots of money to be made, but it's a gamble if it will be done.
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14 September 2016 | 9 replies
It can also be pledged for a cash loan to a lender, just cash out if that is available.You can use equity in more creative ways than being under the LTV guidelines of lenders, trade your equity or assign it for another deal.
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16 September 2016 | 14 replies
First, you need to check with your State, County,for guideline rules as far as what is time frame for return of security deposit. this is the same time frame you would have to meet to BILL them for damages.In Minnesota the limit is 21 days from the date they moved out.
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19 September 2016 | 11 replies
They have extended me the ability to build several homes at a time since building this relationship with them.5 Big Things banks will look for I learned are according to the 5 C's:5 - C’s of Bank Underwriting C - Character C - CapacityC - Capital C - Conditions C - CollateralI got these from listening to a great podcast some time ago and they are a very goooood guideline!
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15 September 2016 | 4 replies
Those guidelines are just that and nothing more.
11 July 2018 | 81 replies
Flipping is also about gambling with hidden repairs and inept contractors.
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20 September 2016 | 6 replies
If either of you can do both personal and 1-4 unit rental property loans in WI please shoot me a PM so we can start discussing things.Thanks, Dan DietzYes its better to get your property first if the income is cash flow positive to help your overall commercial scenario it depends.conventional 5% down doesnt exist on a duplex unless you meet the niche guidelines for niche fannie freddie guidelines, one unit SFR condo sure but this is a duplex.