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Was wondering if anyone could provide a brief summary of what all is involved when lending to a rehabber. I found one that I am interested in lending money to for his projects but do not know what all is entailed as ...
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We recently purchased 2 properties right next door to each other with the plans of working on one at a time..2 weeks into the rehab on the first property Codes/Compliance shows up and says that the properties are on t...
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Good afternoon, I applied for loans at a lending institution about 1 year ago. They were unable to sell the loans due to an underwriter overlooking certain aspects of the loan. That underwriter was fired after they pr...
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I the late summer of 2019, I opened up my home to 2 young men who had nowhere to go and had recently been forcibly removed at their previous place of residence. When they came to my door uninvited begging and crying f...
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Hey Everyone, I have pre-approval letters on a duplex and a triplex, and on the triplex, the owner pays all the utilities. The triplex is listed for $95,000 and brings in $2500/,month in rent, while the duplex is list...
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Does stashing away for vacancy really mean anything? The idea behind stashing for maintenance and Cap-Ex make sense, but for vacancy, say you start out with a new rental, and you put away 3-5% for vacancy per month. L...
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How do I structure the offer asking seller to finance the down payment? I qualified for a mortgage (excellent credit; solid W2 income), but don't want to use my own money for down on 2nd home. Seller has $175K mortg...
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I'm currently looking to get MLS access so that I can use that as another source for leads. What is the best way to: 1. Find and contact a realtor; 2. Establish some credibility and trust; 3. Convince them that we can...
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I have been working in the real estate industry since 2003, and I must say that I have never encountered the issues with wholesalers that I am currently facing. In March 2022, we entered into a contract to sell one of...
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How To Optimize Your Property Listings: A Guide To Attracting More Buyers & Selling Your Property Faster
In today’s competitive real estate market, it’s not enough to simply list your property for sale and wait f...