13 October 2020 | 7 replies
It depends on the type of deal you are doing and the type of financing you can qualify for.
10 October 2020 | 0 replies
I'm very lucky to be provided leads on a daily basis, so every single day I'm grinding, cranking those calls, and obtaining clients to either pre-qualify or refinance; I don't need to rely on anyone to send me clients, and for that I'm thankful; but I know full well that this is not a solo industry if you want to hit the big numbers, and I plan to!
20 October 2020 | 9 replies
My intent is to use the hard money loan for the acquisition of distressed, non conventional qualified properties, then stabilize them to a long term conventional loan and pull out the forced equity (essentially BRRRR).The couple mortgage brokers that I have talked to have told me the following:1.
20 October 2020 | 21 replies
Additionally since you have no experience this makes it tougher (not impossible) to qualify.
19 October 2020 | 5 replies
Hi, I have a section 8-tenant In New Jersey and the lease anniversary date was Nov. 1, I made him sign already my renewal document for Nov 1 In addition to the official section 8 document, however when i sent it in to section 8 they have told me that since last year he qualified for a rent increse begining Feb 1 they have changed the date of the aanniversary to Feb 1.my question is since the original lease in my renewals were dated for Nov 1 and my lease probably needs to be on same date, how should I go about changing my personal lease.
14 October 2020 | 22 replies
Yesterday in Virginia Beach we put a full cash offer in on a home that would not qualify for traditional financing so it would only be investors bidding, it looks like we are going to lose that today as someone offered over 20 grand for that property.
14 October 2020 | 5 replies
The 4plexes will qualify for 30-year fixed loans, assuming you qualify as a residential borrower. 5+ unit properties require commercial loans, the interest rate is typically only fixed for 3-10 years, make sure you're on the longer end of that.
22 December 2020 | 17 replies
The IRS recently provided guidance regarding eligibility under the CARES Act and specified that a qualified individual includes an individual who has a reduction in pay (or self-employment income) due to COVID-19.
25 October 2020 | 8 replies
Therefore, there are many investors out here that are more qualified than me to give you advice on the best way to use leverage when investing in the US real estate.I know a lot about and have experience in international real estate though.
15 October 2020 | 43 replies
I have a handful of properties and think I’m qualified.