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14 January 2020 | 6 replies
A lot of channels are of uneven quality.
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11 January 2020 | 3 replies
My concern would be the quality of tenants and unforeseen events that may come up.
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15 January 2020 | 39 replies
It's the business their in, they determine that the value of the property supports their loan such that should you default they can recoup their money through foreclosure.I know the point of using hard money lenders to essentially vet the quality of your deal has been brought up here and elsewhere many times, however, I think it's somewhat of an outdated notion.
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12 January 2020 | 3 replies
Then it would be considered fraud.The only report I would need to pay for would be a back ground check to make sure there wasn't anything criminal in their history.Generally, I have found that if someone has a very high credit (720+ FICO), and in Brooklyn, NYC, you will certainly need high credit for any apt, you have a very clean background check.Given that and income has to be 4 times Annual Rent qualified from their Pay Stubs or W2 or both and verification from their employers, it's really difficult to get better quality of verification even from Companies that charge more than $20 for all of this information.Also, I don't blame Cuomo for these things.
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13 January 2020 | 2 replies
There are plenty of deals with large Cash on Cash returns in Baltimore, just depends on how far down the A/B/C neighborhood quality spectrum you want to go.
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19 January 2020 | 7 replies
Are there reasons you haven't attracted better quality tenants?
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13 January 2020 | 10 replies
Mobile homes after '76 are better build quality and safer homes.
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13 January 2020 | 3 replies
LOL there is ZERO chance you will find a good, quality contractor that will go house to house with you giving you bids on the work until you find one. 203 loans are a nightmare to deal with for the contractor, they have to float a LOT of money for free, which means they charge more for the work.
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11 January 2020 | 0 replies
These apps have provided us with not only a larger pool of potential renters but quality renters as well.Now we are finding Facebook Marketplace has begun to be a go to for people looking for rentals.
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18 August 2014 | 17 replies
If your resources are limited and holding a flip or 2 is going to be a stressful problem then the quality of your deals needs to be better.If you have deep pockets then you can go slightly skinnier and no problem if it takes a while to sell.