All Forum Posts by: Scott Huggins

Originally posted by @Russ Scheider:

HI @Scott Huggins do you own this property?  Have it under contract - looking to assign? Are you listing it as a realtor?

 Hey Russ

I actually talk to her tomorrow about listing it but would like to do a cash deal since it would make a great cash flow rental so not sure which way it will go.  Home is takin care of and already has a new roof and HVAC per the client but I will know more tomorrow on that.

He guys I just wanted to share some info that might help some folks on here. These guys are a local Charleston lender that we work with on the residential side that offers some investment property financing that may be of some help to some people. Contact me via my cell or just shoot me a text if you want their contact info and I will forward it to you. Bank Statement Program Mortgage Solutions for Agency Fall-Out No tax returns required Bank statement deposits used to qualify 24 months personal bank statements Loans up to $2 million Credit scores down to 660 Rates starting in the 5’s Up to 85% LTV DTI up to 50% considered Owner-occupied, 2nd homes, and investment properties 3 years seasoning for foreclosure, short sale, BK, DIL Non-warrantable condos considered Jumbo loans down to 660 score 7/1 ARM or 30-year fixed No pre-payment penalty for owner-occ and 2nd homes SFRs, townhomes, condos, 2-4 units Seller concessions to 6% (2% for investment)

Awesome brother! Can't wait! I am actually getting my wife to sign up for the women's M1. I can't even imagine what we will accomplish with both of us rockin it!! Look out world! We are putting aside money to do some events. I will see if we can swing Montreal my wife is actually from Ottawa Ontario.

Hey Ronald!  Welcome aboard!  Glad to see you signed up.  You need to upgrade to PM folks.  Lots of good info on here.  Talk soon!

It is amazing!! I have already learned so much. It just opens your mind to possibilities you would not even think of and connects you to people that you normally would not be able meet.

Originally posted by @Chris Armstrong:

@Matt McCourry We did not get the house because the other offer was all cash and fast closing. No big deal moving on to the next one. 

Chris, that is the way the market is right now. We are seeing multiple offers on many properties again on the retail side so on investment it is crucial to move quickly and your first offer better be your best.  There are still some good deals to be had though.

Originally posted by @Anthony Reale:

Hey @Joeliyn T.thanks and welcome to you as well!

So my quick guru trap story, I saw an ad on facebook for a local free 2 hour RE seminar in Tyson's. I went and really liked some of the things they discussed, and decided to sign up for the 3 day workshop they advertised for about $100, not too bad I thought. The workshop was great but it all lead to the 30k+ mastery course they were trying to sell. They take you aside and try to pump you up to buy it right then and there, and in the moment you want to just go for it. But luckily I declined knowing there had to be better options, which lead me here!

 LOL Isn't that how they seem to always go.  Welcome aboard!!  If I can be of any help shoot me a message.

Welcome Ashleigh!!  How did you do on tax liens?  I bought one years ago but haven't messed with them since.  If I can be of any help shoot me a message.

Welcome Jennifer!!