Zach Wain
New Loan Level Price Adjustments - how does it impact you?
The Federal Housing Finance Agency, FHFA, the governing body that controls the conventional loan world. Think of them as the parent of Fannie Mae and Freddie Mac. They have set multiple new pricing grids for all con...
Nicholas Arcidiacono
Should I payoff my HELOC that has an adjustable rate?
Hey BP community.Here's my situation, 2 years ago I got a HELOC on my home to fund my 1st rental property. All went good, I got the property and it's been cash flowing since. The problem I'm facing is that the HELOC a...
Lesley M.
PM said they can’t adjust credit score criteria per property
Hi there. I own a rental property in St Louis. We recently had turnover and listed the property on the market again. I asked my property manager to increase the minimum credit score for applicants. They said they coul...
Darren R.
Seller adjustments to do cashback or no money down deals
Hi,
I'm sure I'm not the first but was wondering if anyone has had any luck and/or problems with the following:
If I find a multi-family that with 100% financing would yield a 15% debt coverage ratio, but believe th...
Han Oh
How to accurately make adjustments to comparables to determine ARV
Hello BP,I was looking at some real ways to practice estimating ARV and repair costs and I thought what better way than to find below market priced listings and use them for my analysis. In the process, I stumbled upo...
Mark C.
4 weeks into the process, lender adding $10,000 adjustment fee?
So long story short, my fiance and I are buying a foreclosure. We're working with a lender called "Prospect Mortgage" who has a local office in our area. The name recently changed to "Homebridge Financial" I believe. ...
Kalp Mehta
Lease Extension and Rent Increase: Adjusting the Last Month's Rent
Hello BPIf I extend the lease and increase the rent, should I adjust the last month's rent to the new rate?
Matt Sargeant
Overcharged late fees and retroactive adjustments that are not true
The AppFolio app that is used to manage the rental property has overcharged beyond the legal 12%many times and the bookkeeping for historical payments from tenants has been doctored to correct these mistakes by the on...
Donnie N.
Best way to look up historical value - cost basis adjustment
Any suggestion on the best way to look up historical comp value of a home?
Background…
1) fahter-in-law sold a home recently. Need to pay the capital gains tax.
2) Trying to look up the historical value of the hom...
Martin Saenz
Is it time to adjust your Note Investing Acquisition Strategy?
All you hear is that inventory has dried up. Me personally, I’ve been working harder on expanding my network and going after larger take downs. I’m also looking at other Non-R/E Note opportunities.What is the rest o...