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9 March 2016 | 17 replies
Freddie/Fannie issues come up as well, primarily when PMI is involved, so you need to stay up to date on PMI guidelines if doing short term flips, many of them have NO WAY in 90 days rule, and 90-180 days a 2 Appraisal rule, and it doesnt stop at the PMI company, some Lenders have their own internal set of guidelines on this, so one bank may be able to do it and another cant using the same secondary financing, the funny part is most loan officers have no clue what you are talking about when you try to cove this on the front end.
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2 March 2016 | 9 replies
I have been involved in many real estate deals in the past, but viewed my investing as a hobby.
5 March 2016 | 6 replies
Hi, I wanted to know if anyone has ever done a wholesale deal and put a property under contract with a realtor involved.
5 March 2016 | 2 replies
I recently formed a new LLC that will be involved in buy/sell, and buy/hold transactions.
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2 March 2016 | 3 replies
I'm looking forward to becoming more involved, for sure.
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18 April 2016 | 18 replies
It has been a long running dream of mine to get involved in REI. :) I decided 2016 was going to be my year.
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3 March 2016 | 7 replies
I have no background in real estate except being involved when my dad purchased his current house a few years ago.
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4 March 2016 | 5 replies
I like @Rick's response - - UNLESS you are a party to the transaction (for clarity, the buyer OR the seller) you'll only muddy the water and if you were involved as a contractor at any capacity, you can easily get your name sullied needlessly.
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3 March 2016 | 7 replies
Plus, Uncle Sam sticks his fingers in when interest is involved.
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5 March 2016 | 7 replies
Which if any of the tasks below might involve significant health/legal/financial repercussions due to lead or asbestos in the materials: Sanding down the wood floorsDemoing the bathroomDemoing the kitchenReplacing paneled walls with sheetrockReplacing the flooring in the kitchenOpening up two passagewaysSoffit repair