
8 March 2024 | 4 replies
I just looked to how underwriting is done with mortgage qualifications.

8 March 2024 | 121 replies
Mortgage rates are affected by how much banks need to pay for the money.

7 March 2024 | 14 replies
Fix stuff asap that could cause issues, like a loose or rotten deck board.Many mortgages have a due on sale clause that would get triggered by a transfer to an LLC.

6 March 2024 | 4 replies
If the buyer foreclosesa. if the house is bad quality and dealing with Lennar warranties is now my problemb. now I have to be the one to make the mortgage payments to Lennar3.

8 March 2024 | 1 reply
I’m selling a home for $330K if I offer owner financing, I’d ask for $130K-$150K and then the remaining monthly amount until the mortgage is paid off.

7 March 2024 | 0 replies
The rehab we used our own private funds for.

9 March 2024 | 26 replies
This means you are doing it strictly for the cash flow.If it were me, I would go the ADU route, Rents could be comparable to the condo without the HOA dues (yes higher Cap-Ex but those are long term expenses), and with everything on one property, things are just easier to manage (one mortgage, one property tax bill, one insurance, etc.).

8 March 2024 | 6 replies
We BRRRR our properties to add as much value as possible, pull out all of our cash and then some utilizing DSCR loans after 3 months seasoning, and reinvest immediately thereafter in other properties.At first we were using all of our own cash until we found a Rockstar Broker for Private Lending who didn't bend us over the barrel.

8 March 2024 | 3 replies
I own a house in OH (no mortgage) with my relative.
9 March 2024 | 10 replies
They have a blacklist which they're going to make public later this year but in the meantime a good mortgage broker can advise you on the specific buildings.