Teekap Pate
Landlord Insurance plus Homeowners Insurance - Rental Townhome
4 October 2024 | 6 replies
So, there are different underwriting guidelines for different properties based on the location.
Andre Brock
Delayed financing strategy?
4 October 2024 | 2 replies
We typically don't have trouble with getting 80% of your purchase reimbursed to you as long as the DSCR hits 1.00+.Here's a quick breakdown of the eligible loan amounts based on an all-cash investment strategy:• 0-6 Months (Delayed Purchase, no Rehab completed) - up to 80% of purchase price• 6+ Months (Cash-Out Refinance, no Rehab completed) - up to 75% of appraised value• 0-3 Months (Cash-out refi, Rehab completed) - 75% of appraised value [good rates]• 3-6 Months (Cash-out refi, Rehab completed) - 75% of appraised value [best rates]Happy to discuss your specific deal whenever you've got time to review.
Don Konipol
The 10 Dumbest Comments Said to me by Real Estate Professionals
4 October 2024 | 1 reply
It’s illegal to sell a property with a loan on it3.
Willis Yoder
Flipping for Profit: The Ultimate ROI Renovation Secrets
20 September 2024 | 39 replies
Does anyone have any actual data on this?
Javier Beuzeville
Prospective Tenant Reference was untruthful
2 October 2024 | 1 reply
The previous leasing company confirmed the resident had paid their rent on time every time.
Zach B.
RV Park & Storage, Novice developer, seeking advice...
3 October 2024 | 3 replies
TIARV Park AND Self Storage~4 acres, commercial for $120K (google maps link)Pros: In city, city water & sewer nearby, city allows both rv park AND self storage in Commercial zone, ~$50K worth of timber on propertyCons: Neighbors nearby, traffic visibility not as good here, land needs to be logged/cleaned up - not a big deal reallySelf storage constructed probably out of shipping containers~3 acres, industrial for $135K (google maps link)Pros: clear flat land, higher traffic count between the coast and I5, seller will carry loanCons: zoning does not allow for RV Park, city services unavailable
Daniel Brundige
Rental Calculator Question - Property Taxes with mortgage
4 October 2024 | 2 replies
Most consumer loans do require this, but investor loans vary more on this point. 2.
Timothy OConnor
DSCR Lenders willing to take a second position
21 September 2024 | 7 replies
The only direct lender I know of that's willing to take a second position on a DSCR loan is Velocity Mortgage. https://www.velocitymortgage.com/The rates on these products are crazy though.
Kyle Reynolds
Should I Sell or Rent Out My Home? Weighing Investment vs. Cash Flow Concerns
2 October 2024 | 9 replies
Hi BP Community,I'm looking for advice on whether I should rent out or sell my home in Sacramento, CA.
David Pulley
Can I receive a referral fee as a realtor from a mortgage broker
2 October 2024 | 22 replies
That is why I posted the case reference above to prove it.I am a bit confused on your statement.