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Hello,My husband is a licensed GC who has been doing flips pretty much exclusively for the last 5 years. I am a licensed agent and accredited stager. We are talking with some investors about forming a partnership on a...
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For Fannie Mae loans, is there typically a waiting period after an investor purchases a home with all cash before they are able to get a cash out refinance loan based on the ARV of the remodeled property?
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Hello. A few years ago I found a loan where it was based on the rent income history of a commercial building rather than your personal income. I cannot find it now that I am wanting to use it though. Does anyone kn...
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Hello everyone,I understand that in a buyer's market, you TYPICALLY end up paying for most or all of the closing costs when reselling a rehab... Which can run around $6,000?What have your typical closing costs been fo...
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What is the Typical Broker-Agent Commission Splits for Hard Money Companies ?For regular real estate companies, agents typically make at least 50-50, and up to 90, even 100% commissions with some Brokerages ?Do you wo...
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http://www.post-gazette.com/local/region/2016/11/16/Dravosburg-woman-files-rent-to-own-complaint-with-state-AG-s-office/stories/201611160035?utm_source=newsletter&utm_medium=email&utm_content=editors-picks-loc...
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How does hard money lender works a breaks down of the loan draws, up front money etc
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I met a contractor who did some work on my personal house, and when found out he does a flip from time to time, we agreed to work together. The roles would be:I would put in some cash and do all the work aside from th...
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I bought my first property in Myrtle Beach about 4 years ago. I paid 70k and now owe about 50k on the mortgage. I put 14k as a down payment then. It is a 2bd 2bth condo. I recently moved to Charleston, SC for a new an...
I’m trying to understand what are the tax benefits for having a property paid off.