Ed Forrester
CALSTRS and Fannie Mae Underwriting
Running into a glitch in California. Buyer was using CALSTRS loan (teacher union) which to my understanding is a conventional loan that underwrites to Fannie Mae guidelines.
This is AB to BC transaction. When we re...
Alex Winfield
Any recommendations of books on VA loans?
Does anybody have any recommendations for books on VA loans? I am an agent in the Norfolk/ Virginia Beach area and naturally work with Navy clients and the Va loan on regular bases. I know most of the basics but wo...
Robert E Bogino
Help with deal analysis-duplex near Rome GA
Hey guys I,m running numbers on my first deal and would like to make sure I;m not missing something.Duplex is actually located in Lindale GA. Both 1 bedroom, 2 levels. Owner says its has been remolded with new wiring,...
DJ Cummins
I should have payed more attention to Ben Leybovich's blog posts
I have to be honest; I haven’t really read many forum posts about no/low money down / creative financing/ OPM. We just bought our first multi-family property with a conventional mortgage, 20% down. So right now our ...
Shelli Callan
NADA values for Mobile or Manufactured homes.
Has anyone taken the course to a certified manufactured home appraiser? Pros and Cons anyone?
Account Closed
Lots of Smart RE People Here
Here is an interesting question.Zillow is offering to buy a home of mine for $227k and they said I would walk away with $211kA neighbor with the same floor-plan, same property sqft, no upgrades like mine, just sold th...
Joseph M.
Jay-Z and Beyoncé land a $52.8-mil mortgage for Bel-Air mansion
See Jay Z and Beyonce are just like regular Americans....except their mortgage is about $250,000 a month...They are reportedly billionaires but..I guess they wanted to lock in that low 4% interest.It would be pretty f...
Lee Davis
Off-market worse than MLS so far.
I have been trying to buy a buy and hold for several months in a very hot market where I've been getting outbid over and over again on listed properties. This lead to me to pursue a small direct mail strategy(mostly...
Andrew Steffens
Any experience including Golf Carts?
Good afternoon!I have a client closing on a $2M+ waterfront property in a golf cart friendly community. Does anyone have experience renting one with their units? He is concerned with liability. Thank you!
Phillip Rosin
Question on COC calculation standards
I've been following a lot of discussion groups on social media, as well as watched multiple videos / read articles, and have a question regarding COC calculations. I've been noticing that it doesn't always seem apples...