22 August 2015 | 4 replies
Although when done well, it can be a lot if fun and be profitable, it's not as easy as many people think and requires lots of attention to detail, accounting skills, knowledge of applicable rules and regulations, deal analysis, and at some point the ability to protect your money loaned when someone's dream all of a sudden becomes a nightmare for both parties.
8 December 2020 | 24 replies
Special Restoration CasesIn addition to the basic restoration criteria outlined above, a veteran may obtain restoration of the entitlement used on a prior VA loan under any of the following circumstances:• the prior VA loan has been paid in full and the veteran has made application for a refinance loan to be secured by the same property which secured the prior VA loan.
5 September 2015 | 2 replies
We are currently in the process of seeking experienced real estate investors to help us help you build the ultimate web-based application aimed at real estate investors.
8 January 2016 | 11 replies
That way you can get in right away to get repairs done, and you can start off on the right foot with tenants that have gone through your application and screening process.
24 August 2015 | 4 replies
The answer to all those questions you have is going to be "it depends"its going to depend on the deal its going to depend on the lender and it will depend on several other things as well.i would call 10-15 hard money lenders and i would ask them;What are their qualifications & Terms for the hard moneywhat's there pointsIs there a pre pay penaltyIs there a down payment and if so how muchAre there any upfront fees such as application feeswhat's the lending rangesome will not loan below 100K others willSome may only do single family others only multisome areas maybe off limits what's the guidelines on the propertiessome want a ARV of 70% and some will do 65%BP has a hard money section where you can find lenders in your area plus do a google search for more if need be.Take notes and be upfront with them, you don't want any surprises when you have that killer deal.Good Luck!
27 August 2015 | 1 reply
My idea right now is to create a mobile application that renters could use to easily submit information and receive communication in real-time.Digital Move-in:I think it is a bit silly that the majority of the time this process is still done on pen and paper.
25 August 2015 | 2 replies
The new builds attract a stronger and larger-than-normal applicant pool of prospective tenants, which allows us to be more selective in finding the perfect resident for the home.Because of those 2 benefits, we are huge fans of new construction as rentals!
28 August 2015 | 6 replies
Second, that sellers exclusion is not applicable for the depreciation recapture.
26 August 2015 | 5 replies
When filling out the application for your license (or renewal) there are questions about if you have felonies, and if you check yes to write an explanation.
27 August 2015 | 6 replies
Legal Disclaimer: I am a licensed Mortgage Originator in IN, FL, OH anything I say may not be applicable to other states.