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30 June 2019 | 2 replies
It has been over a week that I submitted my conditional documents and it is still not fully approved.The lender that my LO signed me up with not only has an underwriter review but also a Quality Control review and a final investor review (So, they can sell my mortgage in the secondary market immediately)So, how likely am I to go through all of these levels of scrutiny in just 2 weeks if I don't even have the full underwriter approval yet.I am so worried that it is starting to impact my health now.
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1 July 2019 | 4 replies
Only way CapEx would impact DSCR is if capex costs are included in the loan (hence the debt service is greater).
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30 June 2019 | 10 replies
I probably could have gone back and requested another appraisal, but it wasn’t a huge impact, so I looked at it as a positive of having a lower loan and more cash flow!
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19 July 2019 | 4 replies
What tips can you suggest for finding the gems in an impacted,Sellers market like LA?
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8 July 2019 | 29 replies
I just had to be a guarantor for the note, but that has no impact on my personal debt to income ratio.
2 July 2019 | 5 replies
There is also different grades of flood zone that impact ins cost.It's interesting how many out of staters are still buying up FL.
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2 July 2019 | 5 replies
If you are looking for a low impact business stick to better areas.
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10 July 2019 | 18 replies
New construction - noZillow - irrelevantWhat you paid - irrelevantRental - irrelevantUnique properties can be hard to comp and it can impact price.IMO, a good real estate agent is one of the most valuable professionals a person can have.
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3 July 2019 | 3 replies
And, you probably should have a blood test to check for lead exposure.
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2 July 2019 | 8 replies
Does S8 allow it and or how does that impact the renter, does their portion also increase?