Rapture Barba
Why Sellers and Buyers benefit Subject to
11 September 2017 | 2 replies
Because believed the house was sold they have already started the process of moving, so now they want to get the burden of the existing home and the new home behind them as quickly as possible.
Roger Plummer
Help with Pre-Foreclosures and Probates - Austin, TX
13 September 2017 | 6 replies
If the pieces come together, I contact the administrator to see if the estate wants to sell the house.The process is more time-consuming than blanket marketing, but it produces more targeted leads.
Diogo Marques
Differences between C and D properties
11 September 2017 | 2 replies
Can you help organize the thought process?
Arissa Dahl
Reliable property manager and contractor in Everett?
12 September 2017 | 2 replies
They're all systems and processes though good at communication.
Sean Fisher
Hud fha 223f apartment loan
12 September 2017 | 2 replies
Below is what you need to know that underwriting and programs guidelines don't tell you when considering a 223(f) apartment loan.AdvantagesHighest LTV in the marketEliminate refinance and interest rate risk with fixed rate terms up to 35 yearsLow fixed rates based on GNMA securitiesNon-recourse and assumable - makes for a great exit strategy especially in a rising rate environmentNo defined financial capacity requirementsNo geographic restrictionsNo minimum population requirementsSupplemental financing availableDisadvantagesLonger processing times - 120 days at a minimum (6-9 months is typical)Higher fees - HUD and FHA fees add to the overall cost of the loanMortgage Insurance Premiums (MIP) - Initial and annual premiumsAnnual audited operating statements requiredReplacement reserve escrows requiredHUD property inspections requiredOwner distribution restrictions and Cash out restrictions 2x a yearProperty condition is important to HUD, both during initial underwriting and over the life of the loan.
Ryan F.
Reverse 1031 exchange and mortgages
13 September 2017 | 2 replies
., The best way to think of this is as a two part process.
Justin Bock
Looking for lender options
23 September 2017 | 9 replies
Hello,I’m in the process of negotiating on a property.
Corey Collins
Almost ready to purchase first BRRR property!
12 September 2017 | 3 replies
I would then take the refi funds and then pay off the hard money loan and recoup the personal investment.How difficult is the refinance process?
Paul G.
Condo in Mesa, AZ Deal Analysis
10 December 2017 | 18 replies
First, I would check the actual reserves of the association, usually pretty easy to find out in the buying process (required resale cert etc).
Michael Wood
Real Estate Investing - Fix & Flip
12 September 2017 | 1 reply
Hard money lenders are plentiful, mist have competing rates and most all of them have similar processes and requirements of the borrower.As for private money, there are no "programs".