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28 January 2021 | 1 reply
Facebook groups and other social media tools provide a good base to get under-the-radar contractors that might be searching a bit harder for work (and thus will be more motivated to give you a better deal via either time, money, or both).
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29 January 2021 | 7 replies
Things like helping owners with using social media, writing better descriptions on Airbnb listings, or something else?
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27 March 2021 | 74 replies
They see their life as surviving toward retirement, and when they get there, getting their Social Security payment and a Section 8 housing voucher.Well, it's almost impossible to get a Section 8 voucher if you have an eviction and an unpaid judgment by a landlord on your record.
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30 January 2021 | 4 replies
Here is my plan, let me know if my logic is flawed or if I am missing an important component:- Make an offer of 70% of ARV minus construction costs. - Convince the seller to agree to a 6 months owner carry (lenders require a 6 months "seasoning" before I can refi) - perform rehab, get tenants in place and get the place cash flowing- After 6 months refi. bank orders the appraisal.- I would provide income data and before-after pictures to convince the appraiser of the forced appreciation. - With the increased value I use the %30 equity as the "down payment" and wrap fees into the loan. - Pay Seller financing note off- If there is enough meat in the deal I would pull equity out to finance the next rehab.- Rinse and repeat for the next deal.
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4 February 2021 | 7 replies
This will tell you just about everything about them and their family. look at telephone numbers, addresses, social media. other business they are involved in, etc..
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30 January 2021 | 1 reply
Not sure if this is the right section but I wanted to share some trends I am noticing in the Canadian mortgage market place CMHC insured rates are really low for owner occupied, with rates as low as 1.64% and commercial loans ranging between 2-4 %There are some B lenders offering unique programs with a return of stated income using only 6 month bank statements as proofAlso seeing a new High Net Worth program which provides almost no TDS component however LTV is maxed at 65% and additional equity is required65% HELOC and 80% mortgage is available from a couple of lenders.
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31 January 2021 | 8 replies
I know this question is area specific but as rents and housing prices go up so does social pressure to keep your housing "affordable".
30 January 2021 | 1 reply
I'm filling out the title form and it's asking me for my social security number.
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22 February 2021 | 5 replies
It may take time but I do believe humans are social beings that crave communities.
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3 February 2021 | 22 replies
I didn't really hear from anyone in my social circles saying "I'm moving out because of crime and looting."