17 September 2018 | 5 replies
However, you would want to weight the costs and benefits of doing so.
16 October 2018 | 152 replies
But if it gets that bad again guns will out weight everything.
11 November 2018 | 62 replies
Of course being able to determine first what a real estate guru is will then bring us to the question of, are they worth their weight in gold.
21 June 2020 | 10 replies
Hi guys!What kind of maintenance work do you do on your rentals?For example, do you make your property managers to clean gutters every year, service AC/furnace, service fireplace if there is one? What else? and how of...
16 February 2019 | 17 replies
My offer is then based on my required return with a weighted average CapEx accrual (assuming an x year hold period).
9 October 2019 | 12 replies
"Indy punches above its weight class."
10 September 2019 | 79 replies
On too of that, our 2.5 year old has a sensory processing disorder, and is in constant need of extra expenses (weighted clothes, compression, etc..)
3 September 2019 | 2 replies
How do you weight various factors in terms of importance when determining the most accurate comps (beds/baths, sq footage, quality of rehab)?
10 June 2021 | 1 reply
., newly constructed dwellings that have been vacant for an extended period of time without adequate maintenance or upkeep).
30 June 2022 | 17 replies
Similarly, unlike substituting international reports for FICO or using 'Non-Traditional Credit Reports' (NTCR) it's highly unlikely that any bank would consider ATO tax records for a conventional loan, given both that it's another country and the job/business has since been left in order to migrate. c) If possible after one year, refinance to a more generic loan in order to buy a new FHA fourplex using whatever savings have been gained in the preceding months through cash-flow and W-2 income.PROS:*Highest leverage of all paths available;*Largest safety net of cash-in-bank, and;*Increased turnaround for new projects.CONS:*Employment verification, credit history, and IRS records non-existent - multiple positive judgement calls from lender needed;*Delays before scaling allows full-time REI;*Maximum limits to property units and value - 4 units and ~$809,000 for a fourplex (2.v)2.i - List of some Maine lenders, with whether they offer FHA (https://mainehousing.org/progr...)2.ii - Information regarding how to get a no-credit-score mortgage (https://www.lendingtree.com/ho...)2.iii - FHA loan without a credit history (https://www.fha.com/fha_articl...)2.iv - FHA loan requirements + No income minimums (https://time.com/nextadvisor/m...)2.v - FHA loan value limits by unit size for Maine (https://www.lendingtree.com/ho...)3 - A quick start at a moderate scale (DSCR or private) This is my current focus of research as at 25/06/22 and any contributions, suggestions, critiques, or references are worth their weight in gold to me.a) Find ten wholesalers who are focused on or who happen to find Maine multi-families, with a view of analyzing each <16 unit building that gets mailed to me. (2/10)b) Find twenty lenders operating nation wide or in Maine who offer Debt Service Coverage Ratio (DSCR) loans or private money. (3/20)c) Purchase one <16 unit multifamily with whichever available credit type is most appropriate (3.i) - either moving to the address on closing or renting something cheap in-town depending on whether or not the lender allows owner occupation.d) Move to full-time REI, or part time if cash flow does not support growth.e) Exit plan would depend on cash flow, regional trends, and the characteristics of the loan and future financial market and cannot yet be assessed properly.