All Forum Posts by: N/A N/A
N/A N/A has started 2 posts and replied 6 times.
Have you tried a seller secondat 10 %?
Most investors of this type are in it for the short term.
Usually 6 mo to a yr with a 9 to 12 %rate.
On a 4 plex if you have a credit score of620 or above you can get 100% financing.
Send out personal handwritten cards announcing your services.
Mortgage insurance(PMI) is required by the type of loan you get.
There are programs that don't require you to have insurance.
If your not looking to cash out your equity for some time I would suggest obtaining a fixed rate,there are several different programs available that range from 30 yrs to 5 yrs.As for the appraiser not going with your brokers appraisor could also work againts you if the value comes in too low.
Hope this helps :D
I have a question, by the way im going to try flipping properties just have'nt gotton started.
My question is I live in massachusettes Im going to be flipping property in florida am I supposed to get a tax id number in MA or Fla?
Should I incorporate into a business and if so which state do I file that in also what kind? Sole proprietor, LLC,Co?
Any help would be greatly appreciated
Hope everyone's doing well!
My name is lynn Im from massachusettes, I've been a mortgage broker for two years.
about a year ago I started doing some telemarketing for a very shady guy who wholesaled in florida,to make a long story short I basically got all his deals and after knowing he was shortchanging me on pay I started keeping the good deals and sold them to whom I thought would be a great partner again I was Duped.So here I am taking the plunge and doing it on my own.I wish you all a very profitable new year :D