Elijah Morin
New member in manatee
16 June 2024 | 1 reply
I have also noticed Manufactured and Modular homes have become very popular due to the current Florida market and over priced homes.I have had a big uptick in buyers reaching out for help on vacant lots and putting in a new Double or Triplewide Manufactured.
James Samsing
Energy Efficient Mortgages
16 June 2024 | 1 reply
Interested in flipping a home that would qualify based on HERS rating + energy savings and would like to partner with a lender to market the property as eligible for EEM.
Matthew T.
Who owns the property in a owner financing deal?
16 June 2024 | 16 replies
So if the buyer owns the property is he or she able to market and resell the property while making payments on the owner financing deal?
Fletcher Norseen
New Investor looking to connect
16 June 2024 | 3 replies
Now, I'm ready to take the plunge myself and explore the world of investment properties.About Me:With five years in the real estate industry, I've honed my skills in understanding market trends, property valuations, and negotiation strategies.
Kristen Haynes
Nationwide Monthly Housing Market Trends for June 2024
12 June 2024 | 6 replies
Already, the housing market has taken steps in this direction.
Edgar Gonzalez
Using Home Equity for Real Estate Investment
17 June 2024 | 9 replies
We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!
Alessa LeSar
I'm ready to strategize!
16 June 2024 | 27 replies
I sold 20 houses last year in my local market (ASHEVILLE NC).
Kaushik Sarkar
Best use of real estate equity in today's market
12 June 2024 | 7 replies
In the current high interest market, is home equity loan still reasonable?
Amanda McKane
James Dainard, ProjectRE
16 June 2024 | 14 replies
I was following James Dainard on biggerpockets and On the Market podcast for long time I was really impressed with skills and experience and successful journey.
Ariana Grace
Soon to be real estate salesperson need tips/tricks
16 June 2024 | 12 replies
For example I cold call property owners for off market deals for the developers and investors I work with.