William S.
Will using credit cards hurt my Refi on BRRRR?
4 June 2019 | 13 replies
The truth is the best fico scores are obtained at 0-10% of utilization but that the affect on your credit scores is not so harsh till you exceed 30% so thats probably why people talk about 30% so much.Depending on where your fico scores are right now you may want to plan accordingly to keep that fico high through out your rehab otherwise you endanger your rate/pricing for your exit refinance atleast with respect to conventional agency financing (fannie/freddie).One other solution is to utilize commercial or local portfolio financing similar to what @Brie Schmidt does as portfolio financing is not sensitive about short term drops in fico as much as conventional agency loan products.On my own projects I keep around all options (portfolio, commercial, agency, etc) just to have plan A, B,C, D....Best of luck,
Diane G.
I want to wait for the next buying opportunity
25 July 2018 | 212 replies
Respondents said that city agencies have a complex and unwieldy permitting process, noting “additional hoops and requirements seem to pop up at various stages in the process."
Paul Garcia
Negotiating commission without an agent
17 January 2018 | 14 replies
In these cases it makes sense (for me, at least) to be in the dual agent position (if allowed - there are a handful of states that prohibit dual agency).
David Besins
HML default / foreclosing
30 January 2018 | 10 replies
The broker with whom I work on a few project referred me to the title agency that handled all of our closings that has a "foreclosure" department.I have starte the paperwork, release etc.The title agency employee mentioned that we would set the starting bid based on everything that is owed to me and that of course I was free to bid on the property.
Robert Hastings
sellers closing costs new jersey
25 January 2018 | 1 reply
our taxes are 7200 a year but we have already paid half the year in taxes....no liens not sure nj transfer taxaverage title fees for title agency?
Erin Wicomb
The difference between a REIT and a Private RE Syndication?
28 January 2018 | 4 replies
REITs are for mainstream investors.
Alton J Reid Sr
Working for multiple agencies.
26 January 2018 | 2 replies
My question is would it be a conflict of interest to work for multiple agencies/companies or I'm I tethered to that one agency/company?
Thomas Tucker
Suggestions for Umbrella Policy in Florida
27 January 2018 | 3 replies
Looking for some recommendations for insurance agencies that provide umbrella policies for rental properties.
Jie Li
Looking for good PM in Chicago
15 May 2019 | 8 replies
He sent my account to the collection agency without communicating with me properly, and asked me to pay for the bounced check written by the tenant over 5 months ago.
Cody Evans
Real Estate Agents Will Be Obsolete Within 10 years?
11 April 2021 | 103 replies
How long until this technology is mainstream?