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15 February 2024 | 6 replies
I will say that LTV requirements and even strict qualifications for asset type, condition, age, etc. make it super tough unless the property LTV is below 50%.
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16 February 2024 | 4 replies
However, HUD/FHA guidelines require your mortgage lender to select the 203k Consultant.
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16 February 2024 | 6 replies
It's your best bet in getting some insight into the property and you may be able to help them in the process.Understand your state's foreclosure laws and what filings are required to start the process.
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16 February 2024 | 46 replies
You could also look to switch to mid term during a slower season and that would require less money up front!
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16 February 2024 | 15 replies
Obviously there’s going to be in the economies of scale between how much the policies cost, whether they require gas to get their own policy, and the number of vehicles, etc.Originally posted by @John Underwood:Originally posted by @Clint Harris:I agree John, but there are golf cart rentals in just about every Beach Community that is golf cart friendly, and typically those seem to be pretty high earning individuals.
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15 February 2024 | 2 replies
That's the OTHER requirement that most commercial loans will need.
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16 February 2024 | 7 replies
Plumbing - does the plumbing require major renovations?
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16 February 2024 | 10 replies
Most investment properties require 20% down ($80,000 on a $400,000 property) and you get 7.75% interest for a payment of $2,293.
15 February 2024 | 1 reply
First, understand that the US Government says there are 16,000,000 vacant properties across the USA.There are websites that provide the addresses and contact information for those properties. This information is not n...
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17 February 2024 | 40 replies
I have asked you before but your DSCR loans require a personal guarantee and are recourse correct?