Matthew Spiers
Lending Help - First Time Homebuyer
20 September 2015 | 4 replies
do you have two years of tax records showing your full income?
Connor Griffiths
BC housing bubble
27 April 2019 | 19 replies
This means that anything that is for sale that people can afford (like condos) is still getting bought.And there is a construction boom in the city with near record level numbers of units under construction but the rate that we complete new units has been fairly stagnant.If this was Denver and house prices were going crazy you wouldn't say oh it must be foreign buyers, you'd say the economy is booming and prices are rising.
Jordan DeGusipe
New Tax Sale/ Tax Deed state home investing
22 September 2015 | 7 replies
In PA, the quoted excerpt would be wrong and bad advice to follow, since the tax sale is conducted "subject to existing liens of record" - so the mortgage would remain in place, and the buyer at PA Tax Claim Bureau sale would end up having to pay to get clear title.
Sarah Schlueter
How to obtain funding for a potential flip
21 September 2015 | 4 replies
The FHA identifies the following benefits: Low cost -- FHA-insured loans have competitive interest rates because the federal government insures the loans for lenders.Smaller down payment -- FHA-insured loans have a low 3.5% down payment and the money can come from a family member, employer or charitable organization as a gift.Easier qualification -- Because FHA insures your mortgage, lenders may be more willing to give you loan terms that make it easier for you to qualify.Less than perfect credit -- You don't have to have perfect credit to get an FHA-insured mortgage.
Jose Cintron
Lease option advice from experienced investors
24 September 2015 | 13 replies
I didn't realize you could have a $1500 a month car paymentAnyway, get a loan officer to work with you and you want to look at these things:DTI (lenders look at 43% and so should you)Overall file (w-2'd or 1099'd and for how long)Public records (FC?
Tony Velez
50% rule
2 January 2016 | 60 replies
What does 1%, 2%, and all the rest of the rules tell us about either organic or forced appreciation?
Manuel Sarabia
Permits. What happens if you don't do a final inspection?
24 September 2015 | 1 reply
The building department had no records of it being a legal 8-unit property since it was previously a 4 unit property and a former owner applied and received permits to convert it to 8 units but there was no final inspection.
Phil Parent
New guy, needs a question answered
16 October 2015 | 5 replies
I thought I heard you could go down to the county court house and search through records, but the more I've looked on the internet it seems like you need to have a name or specific address.
Kevin Koy
New Member Info & Financing Questions
24 September 2015 | 2 replies
I am from Houston, Texas , Self-employed Records Management business for over 16 Years.
Mindy Jensen
Investor NOT protected by LLC?!?
28 September 2015 | 53 replies
“...But witnesses testified that Warren was in charge of day-to-day operations at those businesses, and records showed he had an ownership interest...”There is a difference between an employee and an officer of a company/LLC.