According to an article from MPAMag.com, lender’s profits have been affected by the high costs of compliance that have been mounting since 2008.
According to MPAMag.com, “Production expenses in the third quar...
Has anyone worked with a lender who has actually closed an FHA, VA or Conventional Energy Efficient Mortgage? Interested in flipping a home that would qualify based on HERS rating + energy savings and would like to pa...
Hi everyone, I just finished reading the managing rental properties book from BP and when it comes to pre screening tenants i'm a little lost. If for example, you are talking to a tenant on the phone about your proper...
Hi guys,Recently stumbled across a realestate agent from the UK operating out of a popular tourist/expat destination in Mexico.He’s offered me three properties for around 40-60k USD, in which he basically has guarante...
Hello everyone! My name is Kenan (pronounced Ken-in) Heppe. I studied Chemistry at Oregon State University, then moved to L.A. to become an actor. For the past three years, I've made a career in China acting in Chines...
Hi all,I'm in Central GA and own three rental properties I've paid cash for. I'm looking to expand my business and have spent the past few days talking with commercial lenders at banks. All are confident they can pr...
I recall someone talking about sending multiple with different terms. Here's what I created in an attempt to get either a lower price or better payment terms with seller financing.Background: This is an internationa...
Hi everyone,How do you wire money to the US? Which US banks are you working with? (assuming you do not have an SSN)
Hi Everyone, Has anyone done an appraisal before totally finishing your rehab?Are appraisers less strict for a Heloc appraisal? If they walk through and see the basement/downstairs with unpainted sheetrock, missing tr...
Return On Investment or ROI in real estate is calculated very simply: ($ X 12) / Total Investment, where $ is the monthly rent multiplied by 12 months and all divided by the total amount spent on the investment. So...