Theo Hicks
Debt to Income Ratio: When does Rental Income Count? And Wages vs.Commission W2 Job
28 April 2015 | 18 replies
For pre-qualifying, an average is a safer bet for what the underwriter will use.In regard to the commission- 2015 YTD would not be pro-rated.
Alexis W.
criminal background
29 April 2015 | 13 replies
Your best bet is usually with an individual landlord or less desirable property.
Hank Fields
re: Southern California Rental Market
20 July 2015 | 12 replies
It was a value-add property, and if you can find a good value-add property in Los Angeles, that is probably your best bet because prices are so high here to really make it worth it, unless you can put in a sizeable down payment (I.e. 30-40% down, and I wouldn't want to do that on a 2-4 unit.)
Shaniqua Dupree
Finding past damages on a home
28 April 2015 | 2 replies
Even if there are insurance claims, you'll have a hard time finding details of damages / repairs - I'd say good luck on that one.Best bet is to find an inspector that can get into the nooks and crannies, give you details of what's what.
Yolanda Jabeman
bidding on a foreclosure-is this a scam? please, advise
29 April 2015 | 4 replies
Until they get the signed papers from you and the earnest money and the asset manager signs the offer you have nothing.Make sure you are working with a repeatable agent that knows the process and that is your best bet.
James Roux
First Real estate agent I spoke with said I can't do FHA?
28 April 2015 | 20 replies
Your best bet is to find a name-brand brokerage and hire one of their newer agents, someone who has the support in place and is hungry for business.Any decent loan officer should be able to turn out a new pre-approval letter within an hour any day of the weak; use a local lender if you can.As far as cash out of pocket, there are currently a lot of good conventional loan products out there that only require 5% down, which isn't a heck of a lot more than 3.5%.
Trace Sexton
New to Real Estate in Birmingham, AL
29 April 2015 | 7 replies
I bet I listened to six consecutive episodes that day and, over the days following, sort of neglected my bar prep because I was wholly consumed by the topic of real estate investing.
Rao V.
Paying contractor 20% after the house is sold.
30 April 2015 | 5 replies
I would bet thats the case.its great if one can get their contractor to wait on payment if it was me I would spiff em 500 to 1000 bucks for doing so...
Sandy Uhlmann
Can owners of LLCs manage their own properties without a brokers licence?
1 May 2015 | 3 replies
I think too that just having an LLC as a fortress for liability isn't going to work for you being a single member LLC and you doing the management, your best bet is insurance.