The Fed held nearly 30% of the agency mortgage-backed securities (MBS) market as of June 2024, with a total of about $2.3 trillion in holdings.The math of this move tells me many people waiting on next FED Funds Rate drop, assuming a matching mortgage rate drop, will be VERY disappointed, frustrated, and yelling "scam, it's a SCAM" wondering why rates are laying flat or, going UP. 

Hey Ike, I’ve actually worked with a few investors in that same price range ($300K–$500K) who were targeting similar goals — long-term holds with some light rehab potential.Based on what you’re describing, you might want to take a closer look at:Pompano Beach: There’s been a lot of positive movement there thanks to the city’s active CRA (Community Redevelopment Agency).

They’re convenient, but the downside is you often don’t get the full SSN or DOB for your records.If you ever need to collect on a debt or get a judgment enforced (like garnishing wages), having the full SSN and birthdate makes things much easier for your attorney or collection agency.

Do you have any recommendations for lawyers or agencies on Oahu who can draft/review purchase agreements?

I am a balance sheet lender and when I lend my funds to a borrower I do not pay to report to the credit agencies but does that means absolutely nothing. 

They need to be educated about the real estate field in general and be able to apply your criteria not to waste time through the acquisition process.The job doesn't end here you need to keep track of the conversations to be able to catch on the rebuttals and the way the caller is handling the conversation.It requires a lot of trial and error phases until you are able to assemble the right team with the right objectives and vision. you can find a lot of callers on Upwork, and fiver but there are also agencies that manage callers and handle all those tasks for you the schedule to dial the contacts is not set in stone, it simply reflects upon the health of the lead list, which gets figured out by the pick up rate and the rejection rate.for the CRM if you are using a huge contacts list and want to maximize your outreach i recommend ready mode Dialer and CRM if you will be using the CRM for other processes such as lead management, acquisition management and disposition i recommend podio to be able to connect all the different dialers and numbers. if you need any help figuring out something in your business process ill be glad to help out! 

This ensures they have all tradelines, inquiries, and public records.FICO® Mortgage Scores (Classic Models): Unlike consumer apps (Credit Karma, Experian app, etc.) that often show VantageScore, DSCR lenders rely on the classic FICO mortgage scoring models:Equifax Beacon® 5.0Experian®/Fair Isaac Risk Model v2TransUnion® FICO Risk Score 04Middle Score Method: Just like agency loans, DSCR lenders typically use the middle score of the three bureaus for qualification. 

Plus, a listing of all Federal agencies the posters can think of.  

With the commission rule change it is just a formality in buyer agency contracts. 

After conversion, that gap usually narrows or flips because you’re offering separately deeded units with mainstream financing.