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26 April 2024 | 0 replies
For instance, in Winston-Salem, located in Forsyth County, the current average tax rate is 0.980%.Affordable Property: In contrast to other Metropolitan areas in North Carolina, Winston-Salem presents comparatively affordable property prices.
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26 April 2024 | 52 replies
For these instances, I make sure I have the appropriate permits so that I can then turn-around and sell the property at top value.
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26 April 2024 | 9 replies
Even if yuo do get a home in that fashion, just realize you are immediately over leveraged and underwater in most instances on that property.
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25 April 2024 | 2 replies
In my instance, it was rented out for 81 days last year, which would be 22% of the year.
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26 April 2024 | 44 replies
For instance, max LTV (Loan to Value), loan package requirements such as appriasal, BPO, application fees, etc., and borrower profile requirements such as experience level, credit, and other important aspects to your borrower.
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26 April 2024 | 4 replies
I have seen where this type of property has received F/F financing, but I have also heard of instances where these properties did not receive F/F financing.
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25 April 2024 | 18 replies
The rare instance creates some sensational headlines, investigations, and indigestion, but in the end probably 99% are justified and necessary.They will continue I expect.
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24 April 2024 | 5 replies
It's not typically that bad, box gets left on top etc, but recently got four violations totally $2,000 for four separate instances over the last few months.
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24 April 2024 | 11 replies
For instance, if your reinvestment requirements for the 1031 are to purchase $200K and you purchase a $400K duplex.
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25 April 2024 | 9 replies
While there isn't necessarily a 12 month seasoning requirement to refinance in this instance, your loan amount will be limited to the original purchase price + closing costs/fees/points if you refinance before the 12 month seasoning period has passed.