26 July 2020 | 1 reply
1) Make sure you really know the markets you intend to wholesale in2) Make sure you get really good at running comps to know value and ARV3) Make sure you get really good at estimating rehab costs4) Make sure you really know how to run the numbers to present to investors5) Make sure you don't inflate the ARV and underestimate the rehab to make it more appealing6) Make sure you don't get greedy and try to make a home run on every deal7) Keep in contact with your investors and consistently send them deals that fit their criteria
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27 July 2020 | 2 replies
If I put 3.5% down on a house that costs $300,000 (meaning I put ~$10,500 down) wouldn’t I be benefiting from inflation?
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28 July 2020 | 4 replies
So I'd like to confidentially close on a property before the expiration of the prequalification, so I'm really working hard to do my due diligence and assure that I'm making an educated decision (hence why I'm here).Looking for any guidance on the area, or just expensive areas in general and the logistics behind buy and hold rental properties in this highly inflated market.
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27 July 2020 | 4 replies
I think when you are buying in the WA the level of service and amenities are extraordinary, but my my personal opinion is the it quite inflated due to brand recognition.
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27 July 2020 | 8 replies
Odds are good they will not call a loan if it is up to date, but it does happen.
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7 August 2020 | 5 replies
Don't prices seem a bit inflated right now?
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22 August 2020 | 9 replies
Most people who hear me say this still believe in defying the odds.
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28 July 2020 | 3 replies
It's just odd to me that the LoanDepot disclosures don't talk about it, maybe they don't require one!
27 July 2020 | 8 replies
It just seems odd that we're now on the third potential issue without resolution - one without an obvious cause or history, I might add.
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28 July 2020 | 22 replies
Just seems odd that a tenant who was professionally screened would just randomly try to steal $4k.