James NA
Networking & Starting Out; Should I get a realtors license?
8 July 2024 | 1 reply
Most people who list and sell their own homes with no experience as an agent crap the bad in fantastic fashion.
Peter Bras
Inventory Management System
14 July 2024 | 7 replies
They can save time, reduce waste, and ensure that guests always have a comfortable stay with all necessary supplies available.
AJ Wong
Five things to look for in a mortgage broker beyond rates and terms
13 July 2024 | 2 replies
The nuances of mortgage lending are constantly evolving and time sensitive.
Andrew Postell
Fannie Mae makes House Hacking Easier
14 July 2024 | 12 replies
I would not expect that demand to drive up the price in a crazy way but let's say there's some $700,000 4-unit properties in some markets that are sitting for a long time - those will sell faster.
Ramiro De Leon
VA Loan first time home buyer, out of state.
8 July 2024 | 9 replies
First time posting.
Priestley Leng
Understanding Construction Loan Terms
13 July 2024 | 2 replies
Draw schedule to be agreed upon prior to closing.Term: 1 YearFee to Lender: 2.5 points – ($13,125 paid at closing from loan proceeds).Interest Rate: 11.5% Interest-Only billed monthly on outstanding balance.Interest Reserve: $15,000 – approximately 6 months interest, paid at closing from loan proceeds.Once interest reserves are depleted, borrower to make interest-only payments monthly.Pre-Payment Penalty: Should loan be paid off prior to interest reserve funds being depleted, a pre-payment penalty will be charged equal to the amount remaining in interest reserves at time of payoff.Loan 2: Loan amount 490,530.60Lender Points: 3%broker points: 1%rate: 11.99%Term: 12 months (interest only)Prepayment penalty: NoneProcessing fee needs to be wired before LOI can be issued
Ron DeMaria
On your lease - Do you put yoursef as Landlord or your LLC?
14 July 2024 | 17 replies
If you put the LLC as the landlord good luck when it comes time to evict.
AJ Wong
It's HOT! Investors escape to the cool, green Oregon Coast for climate safe STR's
14 July 2024 | 15 replies
It's cold, wet, windy and foggy at times.
Burke K.
Fast track to financing and home purchase? Individual scenario.
13 July 2024 | 1 reply
I also know there are side hustles, wholesaling etc, but I am not looking for ideas that will delay the purchase process time wise.Can anyone share some knowledge or experience tailored to my scenario, if there is a way to purchase a house asap in this case?
Derrick Lind
Slow BRRRR in Fayetteville, NC
13 July 2024 | 1 reply
Totally stressed out when starting out, but everything worked out and I repeated the process a few times since.