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UWM expands DSCR offerings to real estate investors

Housing Wire

Dubbed “Investors Flex,” the non-QM product for real estate investors, offered purchase and refinance loans up to $2 million that could be used to finance up to 20 properties by using each property’s monthly rental income to qualify.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Check out these nine downloadable real estate prospecting letter templates to help you make an impression in your neighborhood or zip code. My name is (your name), and I’m a licensed real estate professional with (your brokerage). Please think of me as your go-to resource for all things real estate.

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Anywhere Real Estate appoints new board member

Housing Wire

Anywhere Real Estate named Joseph Z. ” Lenz has extensive experience helping companies navigate investments across different capital structures, as well as investor and legal affairs. Lenz to its board of directors, the company announced on Thursday. The appointment will be effective starting Feb.

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Zillow economist identifies 11 cities primed for real estate investors

Inman

Zillow Chief Economist Skylar Olsen said these markets are ideal cities for real estate investors to purchase properties in the coming years.

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Why investors believe CoStar holds a big advantage post-NAR settlement

Housing Wire

Friday’s bombshell – the National Association of Realtors ‘ proposed $418 million settlement of real estate commission lawsuits – set off a frenzy of trading for stocks in the residential real estate sector. That revenue concentration seems to be what had investors heading for the exits on Friday.

Investors 416
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These markets are attracting the most out-of-state real estate investors

Housing Wire

The pandemic has shifted the pecking order of the real estate industry’s location-location-location axiom for many homebuyers — high-cost and high-density urban is out, while suburban is back in vogue and rural is experiencing a bit of a revival. A deal for me is a property I can buy for under $100,000, typically.”.

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Local Logic partners with Plunk for residential real estate data insights

Housing Wire

Combined, this partnership could spur better decision-making for investors and home buyers as well as create a more efficient workflow for agents, the statement said. Additionally, the partnership comes off the heels of a $13 million Series B financing for Local Logic in August.