Sheldon Alex
Wrap Mortgage Private Money Partner Analysis
Good day everyone. Here’s a quick example of a Private Money Partner funding opportunity I underwrote recently.The borrower’s exit strategy is to Wrap the property to a homestead buyer. Below are the figures:
Purchas...
Garrett Wenetta
Financing...?
Hello All... New to this game... Having some capital
to start out with, but with a lower income, what are som recomendations for financing an income property. (thinking multi-family)
Matt Holmer
Fannie DTI ratio with new rental income
Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
Krystal Richardson
Probate Marketing
Hi all, I am beginning a probate marketing campaign. I have a probate letter I want to send out, but upon looking at my probate lead list, I see a few of the PR's are living at the same address as the decedent. It cou...
Michael Vaughn
Pricing expectations on assets in advanced foreclosure state
I have recently to looks into more and more deals which includes loans currently in advanced foreclosure status, for example , anything from a few hearings done to FC sale date set and it is 30-60 days.How do you chan...
Tyler Erickson
Commercial Appraiser Partnering with a Fixture/Contractor Firm?
Hey all!I just wanted to get some feedback from the commercial real estate veterans out there. I currently manage a commercial real estate valuation firm with a Certified General Appraiser that has over a dozen years ...
Albert Johnson
Anybody been through an eviction process?
I am planning to evict a tenant in Arizona. There has been numerous violations to the lease. One the tenant has been late every month on payment. As of now tenant hasn't paid. They said they will pay today after I gav...
Sheng Wong
Does lenders subtract paper rental losses from your W2 income?
Hi,Aside from my primary residence property I have rental property that is generating profit before depreciation, but shows a loss after depreciation. Will that affect me negatively when i try to get another mortgage ...
Steven DAmbra
How much to build home? Calculate a profitable buy/build/flip?
How do I calculate whether buying a piece of land for 30k is worth the investment if im buying, fixing (build) OR wholesale and flipping it? anyone have a good method or system to calculate land purchases?
Carl Leland
Webinar for new members, Wednesday Feb. 10
Tried to sign up for webinar. Entered my number and name to receive text alert numerous times. Never got a confirmation code. Clicked on link for help and got a Cloudflare page which said emails were blocked because J...