7 October 2025 | 5 replies
Does he have a public defender or lawyer you could contact?
30 September 2025 | 8 replies
Check out Note Assistance Program, NAP Nation (Naked Notes Podcast).
2 October 2025 | 2 replies
Any tips on financing, lenders, or programs that might work well for this type of purchase?
6 October 2025 | 12 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
23 October 2025 | 15 replies
Their program is low downpayment, low closing, no PMI, no upper income limit.
1 October 2025 | 19 replies
After accepting, I was hit with (thinly) disguised solicitations as messages (“I just want your advice/feedback, can we jump on a quick call to see if you qualify for our program”) by each one.
6 October 2025 | 54 replies
They batch the deposits together and you have to go deep into the program to determine which tenant made the payment, that was deposited into your account.
6 October 2025 | 6 replies
In other words, they cannot invest with us unless they are qualified and invited to join our program.
2 October 2025 | 38 replies
Correct, but according to the IRS Publication 5653 Cost Segregation Audit Technique Guide this IRS prefers an “onsite” visit.
18 October 2025 | 7 replies
When evaluating the deal, push for details on occupancy, lot rent, utility setup (public vs private), park-owned vs tenant-owned homes, expenses (including deferred maintenance), and any zoning or legal compliance issues.