Wesley Weisberg
Seeking Advice, Mold, Former Tenant Suing
13 March 2024 | 7 replies
He told me that mold coverage was taken off all insurance policies nationwide in 2005.
Denise M. Tschida
How to set myself up for retirement from my day job in 5 years at 65?
12 March 2024 | 10 replies
Upon retirement, I have the option to allocate a significant portion of my income to pay off all four properties.My inquiry arises from an opportunity that recently presented itself: the chance to invest in new duplexes in Indiana.
Sergei Gremeniuk
Should I paydown mortgages or invest extra Now?
12 March 2024 | 3 replies
Seeing how little of principal is paid off in the beginning of the loan cycle, my urge so far has been to throw what I have as extra payments chipping away at that mountain, but I’ve been also thinking lately if that’s a wise practice.
Austin Beveridge
Seeking Feedback for New Custom Intent Software
12 March 2024 | 2 replies
A buddy and I built software that helps RE pros find and close more off-market properties through real-time, custom intent signals like probates, pre-foreclosures, code violations, and eviction notices.
Carla Thornton
Probate Property in Snellville GA
12 March 2024 | 1 reply
My husband and I are needing for go write offs.
Katy Knight
To Pay Down My Loan or Buy Another Property
12 March 2024 | 1 reply
So I’m trying to decide if it would be better for me to use my money to pay down my current loan, knowing I’ll definitely not be able to fully pay it off by the time I move, or to put my money towards buying my first invest property.
Xzavion Schultze
Credit card questions
12 March 2024 | 1 reply
I’m in the middle of paying off my car but I’m wondering if I should get another credit card.
Elton Tate
Seller Wants an Offer Before Seeing Property
14 March 2024 | 26 replies
its a big pain in the butt to coordinate showings with tenants and you dont want to burn out or piss your tenants off by inconveniencing them with potential buyers who maybe just kicking tires..
Vince Le
Borrowers need to submit what documents to loan officier for refinance?
13 March 2024 | 8 replies
In most cases, this is enough information to figure out if you have a deal that is going to benefit the client and make sense for them (this is assuming you can get an estimated value of the home you'll be refinancing through other means, otherwise, you might also ask them for their estimate as to what their home is worth).If you're past this point of figuring out whether it's a deal that makes sense for them and you haven't run automated underwriting to determine what documentation is being asked for, here's a pretty standard list:- 2023/2022 W2s (any/all jobs worked during these years, regardless of how long they were on the job)- Most recent mortgage statement for the loan(s) you'll be paying off- Copy of their homeowner's insurance binder or contact information for their homeowner's insurance agent so that you can request this on their behalf- Most recent pay stubs covering 30 days (typically this is the last two pay stubs)- If the property is in a homeowner's association, you'll want a recent HOA statement showing how much the borrower pays for their HOA dues- Copy of the borrower's driver's license or ID card - front and back- If your deal requires an appraisal, you may want to get payment information from the client now.
Stephen Sayles
Bonus Depreciation for 2024 and short term rental loophole
12 March 2024 | 4 replies
The trade off that republicans made were to extend business benefits mainly R&D expensing and bonus depreciation.