Carlos Martinez
New Member from El Paso, Texas
2 September 2016 | 2 replies
A home that's a couple of years old should already have most of the new home kinks shaken out of it or starting to show up so inspect it well.A triplex can definitely be a money maker but unit size and parking may make a huge difference in rent.Remember the owner occupant requirement is typically only two years.Congratulations on a good start!
Carlos Coronado
Wholesale contracts
1 September 2016 | 7 replies
This is one of the typical frauds...most claim it as an "inspection" period.
Brian Pierce
Will convention lenders pay an assignment for on a wholesale deal
7 September 2016 | 6 replies
Hey Brian typically lenders do not honor assignment fees but i have a new strategy that will guarentee you get paid your proceeds by a lender.
Matt Inouye
RE Held In S-Corp
2 September 2016 | 5 replies
The Corp reports it as a sale of the property held long term and then the distribution of it as well.
Louis Mannikko
Condo Association vs HOA
1 September 2016 | 3 replies
Another note for you on conventional financing for condos is that anything over 15 year fixed and 75% LTV will pick up an additional condo "hit" to the rate meaning your interest rate will likely be 1/8 to 1/4 higher in addition to the typical uptick you would see from an investor loan.My guess is that your broker either doesn't want to deal with verifying warrantability of condos or does not have experience with non-warrantable loan programs.
Kasan Kelley
Outside the box much? Philanthropy
4 September 2016 | 5 replies
Once you get some momentum going (I've never been able to achieve much) be sure to report back to us and tell us what you've learned!
John Burton
Yellow Letter Campaigns
2 September 2016 | 4 replies
Typically this is the responder, someone who is in a tight spot and might overlook the impersonal and unprofessional nature of the YL.
Juan Najar
wholesaling
13 October 2016 | 5 replies
how do people typically get ARV and Repair Costs when wholesaling a deal?
Chris J.
Feedback on an opportunity
1 September 2016 | 1 reply
Only expenses are lawn and typical maintenance.
Ray Agosto
Fees
1 September 2016 | 1 reply
I wanna make up a number report , i wanna know where would i find the holding fees and closing costs ?