29 October 2025 | 4 replies
The dislike of FHA loans, particularly by experienced realtors who represent the seller, is twofold: FHA loan appraisals are more aggressive in the "nitpicky-ness" of relatively minor cosmetic issues, and buyers with FHA loans tend not to be as financially sound and reliable as other loan programs.
25 October 2025 | 3 replies
Quote from @David Puza: I signed up for their $29 leads program.
28 October 2025 | 24 replies
I don't think any particular program or carrier is one size fits all though.
26 October 2025 | 4 replies
We also have short-term bridge programs to let you buy before selling, and flexible conventional options for flips or second homes.
27 October 2025 | 9 replies
For your first deal, I would recommend just get a good deal that makes sense, close in your personal name as you can often put it under a trust or LLC later (depending on the lender and loan program used to buy) if you determine that to be the best course of action for you.
25 October 2025 | 4 replies
There is not much the loan officers can do to deviate from the highly structured loan terms these programs offer.
29 October 2025 | 31 replies
Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.
26 October 2025 | 13 replies
I keep track of one, three unit property on a program (free) called Manager. https://www.manager.io/ My wife keeps track of our other 5 properties on Quickbooks.
27 October 2025 | 6 replies
If DTI is an issue as you say, then the DSCR might be your best bet, but most DSCR programs aren't set up for a renovation.
26 October 2025 | 15 replies
There was an old program on TV by a long-passed guy named Carlton Sheets.