Michael Camarillo
House Hacking using the VA loan - Agent recommendations
31 January 2024 | 6 replies
Many sellers and listing agents have a bias against VA loans, and view them as more difficult to deal with.
Adrian Thomas
DSCR Loans, caught holding the bag
31 January 2024 | 16 replies
Try talking with Hurst lending they have some good products There is also a member here that created a list of lenders by state - a good resource for you maybeJust google "my perfect mortgage" top link - you'll see it edit: nvm that's not it - give me a second - here it is: Perfect Mortgage
Aj Escomiendo
Rate Shopping Etiquette
27 January 2024 | 13 replies
What’s the proper etiquette when shopping mortgage rates?
Henry Clark
Dental Office Leasing
29 January 2024 | 5 replies
If they were fresh out of medical school and didn't have a high net worth I'd anticipate it being more difficult.I'd anticipate leasing to a dentist fresh out of school with no book of buinsess, and really no experience running a shop of their own to be pretty high risk operationally.
Bryan H.
House not winterized, what should I do
1 February 2024 | 29 replies
They have a list on their website of who to use.Recommend you dive into Detroit's website area about all this:https://detroitmi.gov/departments/buildings-safety-engineeri...
Mario Keophilalay
Furnishing Mid-Term Rentals
29 January 2024 | 21 replies
If you are waiting on construction to finish and are not missing out on rentable days for your unit, then feel free to shop around for a good deal.
Tony Pellettieri
Possible Solution to a Friends HML in default - Deal Analysis
31 January 2024 | 2 replies
Based on a rough analysis for a project timeline, I believe the total project can be completed in 5-7 months with the team I have available if we get involved in completing the work on the project.Deal Analysis as a whole - Actual Costs may be slightly different but estimates should be fairly closePost Construction Estimated Market Value - Lot 1: $379,000 Lot 2: $307,000 Total Estimated Market Value $686,000+- $102,000 - Cost to payoff HML & Previous Builder- $154,800 - Estimated Cost to complete House #1- $170,370 - Estimated Cost to complete House #2: Includes New Well/Septic $7500, Impact Fees $2100, Permits $1000= $427,170 - Estimated Cost to Payoff HML, Complete Construction on House #1, and Construct House #2+ $686,000 - Total Future Market Value- $20,580 - 3% Buyer Agent commissions as the current owner(Listing Agent) will be listing these properties without compensation- $2,538 - Real Estate Transfer Taxes- $1,500 - Settlement Costs Paid at Closing______________________________________________ $234,212- $27,900 - Payment to Seller for Down Payment made by seller to HML @ Origination (For her to break even)= $206,312 - Potential Return before any Interest/Fees/Taxes/EtcROI: 45.3%RoR: 68.9% PM: 30.07% Acquisition/Exit: 8 MonthsI've spoken to a few HM Lenders and ran rough numbers by them.
Zachary Stanley
Do some people just have "it". Whatever "it" is...
29 January 2024 | 29 replies
Will be a great listing tough.
Jesse Howell
Curious if my home would be a good STR - wine country
29 January 2024 | 14 replies
.- There is a shop and community lake, but those would be off limits.- There are also a couple pet goats in a fenced area haha
Pablo Avila
Follow these simple steps to get your first wholesale deal! (Advise)
28 January 2024 | 5 replies
Buy a list of records2.