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I’m just wondering what the average elapsed time from unit purchase to rental is for most fix and holds. I know it will depend on how much renovation takes place and the state of the rental market, but on average is...
I bought a property in a tax sale in Montgomery County, TX. It is not Homesteaded or Agriculture, and 6 months have elapsed since recording of the sherrif's deed. I have a buyer interested, but their title company...
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I purchased a house 2 years ago with 3% down. The mortgage comes with a hefty PMI per month, and the original lender had sold the mortgage to Dovenmuehle as soon as my house was closed. Since I have been paying extra ...
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I have been in the middle of an epic ridiculous battle that you cannot believe. I have a client who is a fix and flipper and we were in the middle of refinancing his home before he sold it so he can buy another proper...
I bought a property in a tax sale in Montgomery County, TX. It is not Homesteaded or Agriculture, and 6 months have elapsed since recording of the sherrif's deed. I have a buyer interested, but their title company...
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Question for flippers and the 90 Day rule for FHA financing: Can you enter into contract prior to the 91st day, but wait to execute on the 91st day?Example where the 91st day is 11/10/2015A buyer comes along today (10...
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I'm honestly not sure how many R's go in there so I just keep hitting R till it looks good. A lot of people talk about taking out a Heloc after rehab to get their cash back out. Assuming I own a property free and clea...
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Hey BP!I am a full-time Realtor & Investor in Pensacola, FL and I recently started a property management company. I had been managing my 14 units and was tired of turning down request from my clients to manage th...
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Does anyone keep track of their average time from 1st conversation with a seller to settlement? I don't keep close track of elapsed time but I'd guess it's 4-5 months for me, by the time you build rapport, the se...
The IRS allows a qualified distribution of at most 10k (for an individual) to go towards the purchase of a house if you are a first time homebuyer. I'm wondering if there is a minimum amount of time the buyer would ne...