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Results (10,000+)
Yoni Meth Closing remotely from abroad with lender
26 February 2024 | 4 replies
I'm a US citizen but currently living in Israel, and I'm in the process of purchasing a property in Columbus Ohio.My plan is to do some rehab and therefore I want to take a hard money loan which will cover 80% of the purchase price and 100% of the renovation.While talking to the title company, they said there was no problem with me signing with a remote notary.But, the problem is with the lender who requires a wet signutre, and has given me the following options:1.
Ivonne Pinedo Experience with rental subsidy programs in Miami
27 February 2024 | 4 replies
The issue I find is that when I go to list my units, which are clean and moderately upgraded apartments in Little Havana and Allapattah I literally have 70 applicants in 24hrs via facebook marketplace or through the apartment rental platform my property management software interfaces with (like Apartments.com etc).So when I have 70 people lining up with first, last and deposit with no other middleman or agency impeding the process or requiring inspections or causing delays or requesting additional paperwork be filled out where is my incentive to go the section 8 route?
Julie Marquez How Do You Build A Four-Plex
26 February 2024 | 14 replies
I think next I'll go to the City and see what they have to say on the building requirements.
Nathan Riese auction.com earnest money
26 February 2024 | 5 replies
For anyone who may end up reading this, as a follow up, (1) auction.com ended up not requiring the full $2500 deposit, since my purchase was less than the deposit requirement. (2) It took about 2 months to get the deed, because CHASE had a pre-foreclosure on it at the time of the auction, and so they formally foreclosed and then eventually got the deed, which they then eventually signed over to me. 
Nick DiFinzio Buying Occupied Section 8 Property
26 February 2024 | 7 replies
They will likely require you to provide them with updated documents and proof of ownership, but other than that I remember it being pretty straightforward.
Allan Pan Seeking Advice: Achieving a 25% CoC Return on Long-Distance STR Investments
26 February 2024 | 25 replies
The way Avery Carl (the author) and the podcast guests describe it, managing an STR seems quite straightforward, though I'm aware it requires significant effort to be successful.My plan is to purchase a property for under $400k, make a 10% down payment, and self-manage it as an STR.Living in San Diego, and given the real estate prices in Southern California, finding a profitable STR locally seems challenging.
Kelly Wiedower Is there a program that tells me currently leased long term rentals?
26 February 2024 | 3 replies
Unlike a purchase/sale, it is not required that this be reported anywhere and zillow doesn't give already rented properties/prices. 
Jesson George Seeking Financing for a 10-Unit Apartment Building: Recommendations Needed!
26 February 2024 | 12 replies
Conventional loans will require a significant down payment so that you can get the cash flow you need.
Jessica Hollingsworth What to Cover (rental)?
26 February 2024 | 14 replies
If there's a kitchen fire that requires $150,000 to rebuild and remediate you're suggesting not filing a claim because it's not a total loss?  
Rich Cabelo Quick LLC question
26 February 2024 | 1 reply
Example - if a renter were to mail us a check, can I just give them the PO box rather than have them send it to the property address only to be forwarded to the PO box (again, only checking to make sure we stay compliant).I should add that our system requires the home address for our LLC, and in our home state we are our own registered agent   In the foreign files LLC we have a virtual address for registered agent     Just want to use a P.O.