Mike Waltman
Modifying List after 4 months
17 May 2016 | 1 reply
I know everyone says don't change your list too soon but I have been noticing some things in my responses that have me debating tweaking things.
Shalabh Jain
Financing an investment condo with less than 50% owner occupancy
8 September 2017 | 14 replies
The FNMA condo guidelines are all here https://www.fanniemae.com/singlefamily/project-eli...Condo projects and properties which don't meet Fannie Mae and Freddie Mac warrantability standards are known as non-warrantable.Non-warrantable condos are more challenging to borrow against.Typically, a condo is considered warrantable if:No single entity owns more than 10% of the units in a project, including the developerAt least 51% of the units are owner-occupiedFewer than 15% of the units are in arrears with their association duesThere is no litigation in which the homeowners association (HOA) is namedCommercial space accounts is 25 percent or less of the total building square footageWhat you want is lender that will lend on NON warrantable condo project.
Ron J.
Need help filing quite title after tax deed purchase
27 May 2016 | 6 replies
You'll see most of the things that need to be done.......you have to notice all parties that the clerk noticed in their tax deed auction procedure, mong other things
Shmuel Harris
Upvoting On BP
18 May 2016 | 5 replies
I notice it's not uncommon for a stupid post to get votes, even if the content of the post is entirely incorrect.
Jermaine White
Estimating ARV
14 December 2016 | 2 replies
For one thing as you probably have noticed it is hard to get accurate comps as there is nothing to compare.
Wade Stahle
Refinancing PMI question
18 May 2016 | 2 replies
I'm like 90% purchase business and generally prefer it that way (buyers are more motivated borrowers than refinancers, so I don't have to chase them around for paperwork), but when one like this that sells itself no matter how you cut it (did you notice I bumped your rate like half a percentage point and could still sell it to you?
Jeremy Rosell
New Member Miami, FL
23 May 2016 | 10 replies
I'm trying to familiarize myself with the area because I've noticed some places where properties sit on the market for months and drive by and cannot identify why in respect to other areas where movement is high.
Miles Davis
HomePath program
19 May 2016 | 1 reply
It's through the HomePath / Home Buying program thru Fannie Mae.
Michael DeFrancesco
Is the Denver market in a Bubble.....?
6 December 2016 | 47 replies
I've been noticing vacancy signs up more and more.
Leonard Marte
Want to invest in NEW YORK, I am a beginer
19 May 2016 | 5 replies
Thank you for your input, I have noticed from your profile that you are well experienced in the field and market.