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5 August 2024 | 0 replies
This Water Street deal was financed through a combination of private funding and resources from our partner, Tricia Hart.
5 August 2024 | 8 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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4 August 2024 | 5 replies
Together, it worked out for me as their combined income allowed them to always make rent.
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5 August 2024 | 15 replies
The current sellers are open to living in the current home we will be buying for up to 6 months and can pay me rent during that time (like a leaseback) , can I combine that with a bridge loan for (6-8) months to get me past that period.id assume my loan wouldn’t be the same rate as no longer could it be for a primary residence as they’d still be living in it.If i purchase the home and do a lease back for 6 months to the new hluse they are building is finished would I even need a bridge loan?
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9 August 2024 | 47 replies
In real estate, a broker or a salesperson can be the agent of a seller or a buyer.Here’s a list of the fiduciary duties that an agent owes her client:Accounting: The agent must account for all funds entrusted to her and not commingle (combine) client/customer funds with her personal and/or business funds.Care: The agent must use all of her skills to the best of her ability on behalf of the client.Confidentiality: The agent must keep confidential any information given to her by her client, especially information that may be damaging to the client in a negotiation.Disclosure: The agent must disclose to the client any information she receives that may benefit the client’s position in a negotiation.Loyalty: The agent owes undivided loyalty to the client and puts the client’s interests above her own.Obedience: The agent must obey all lawful orders that the client gives her.
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4 August 2024 | 4 replies
That, combined with very low rates on their accounts makes me think it is time to look for a better bank.
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6 August 2024 | 29 replies
Further, with the Buyer's agent and the Seller's agent working maybe 30 hours total (combined), at even 5% commission (split) on my $175k house, that's $8,700 tacked onto the price of the house and nearly $300/hour each for the agents.
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3 August 2024 | 17 replies
Considering they are brand new, with a finish out well above and beyond the rest of the neighborhood I don't anticipate "nobody else wanting them" Thanks for your sarcasm, though That wasn't a personal accusation but I see people on here all the time that say "I found this piece of crap house in the hood for $10k, I can buy it and rent it to a Section 8 tenant and make a ton of money right?"
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6 August 2024 | 54 replies
Because you KNOW it's not the people paying the property taxes that are voting for this crap.
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3 August 2024 | 4 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.