Tracy Royce
Would you allow a hoarder post-possession?
18 May 2016 | 6 replies
Personally, I've dealt with hoard houses a bit and it's not the mess that's the challenge, it's the mindset that makes me extremely hesitant to match any promises.
Shalabh Jain
Financing an investment condo with less than 50% owner occupancy
8 September 2017 | 14 replies
The FNMA condo guidelines are all here https://www.fanniemae.com/singlefamily/project-eli...Condo projects and properties which don't meet Fannie Mae and Freddie Mac warrantability standards are known as non-warrantable.Non-warrantable condos are more challenging to borrow against.Typically, a condo is considered warrantable if:No single entity owns more than 10% of the units in a project, including the developerAt least 51% of the units are owner-occupiedFewer than 15% of the units are in arrears with their association duesThere is no litigation in which the homeowners association (HOA) is namedCommercial space accounts is 25 percent or less of the total building square footageWhat you want is lender that will lend on NON warrantable condo project.
Derek Eddy
Looking for NJ Lender
15 September 2016 | 4 replies
Need to refinance a rehab we completed in May and have been running into challenges with many banks due to seasoning requirements to go off the appraised value and deed in LLC.
Avi Garg
Managing from out of country
25 May 2016 | 8 replies
It was surprisingly easy.My major challenge is that I have been managing major rehabs from half-way across the world.
Jessica Hood
Does crowdfunding allow for DIY rehabs?
20 May 2016 | 10 replies
Oh.. .we actually encourage it and think it's one of our most unique and valuable commodities.
Account Closed
Help! HOW Do New Parents Do This?!
24 May 2016 | 33 replies
Ugh, so today was a big challenge that, sadly, made me pause and question how the heck I'm going to do real estate with a new baby.
Michael DeFrancesco
Is the Denver market in a Bubble.....?
6 December 2016 | 47 replies
I think that buying condos will be a tough challenge today, AND when the conversion process happens.
Nino Alfano
Your Contractors vehicle
23 May 2016 | 9 replies
Keep in mind that many companies have salespersons to do their estimates (and @Nicole W. and @Russell Naylor) and may not ever step foot on the roof (if only for insurance reasons).Unless there is something pretty unique, estimating roof work is fairly simple.
Nina Daniel
Investor from Maryland, Virginia, and Washington D.C.
24 May 2016 | 14 replies
Nina is passionate about real estate as one of the best investments over time and feels very fortunate to be living and working in this city of a culturally diverse population, unique architectural beauty, breathtaking historical buildings and museums, and astounding lifestyles.
Shay Sahray
New to Memphis
21 May 2016 | 13 replies
As James Martin wrote above, your target price range is challenging, but it's doable with the right team.