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26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.
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24 January 2025 | 10 replies
They're safer, easier to use, and require less maintenance than wood-burning fireplaces.
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3 February 2025 | 15 replies
I'm more willing to move off "LLC B" property because of the work required to keep this going.
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17 January 2025 | 3 replies
Lenders will still require a personal guarantee since it is a full recourse loan.
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15 January 2025 | 10 replies
The income requirement was $6000.
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22 January 2025 | 16 replies
We require them for any tenant over 18 years old.
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18 January 2025 | 13 replies
Wholesalers are not regulated by Real Estate Agency, therefore not required to abide by certain laws and disclosures.
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29 January 2025 | 10 replies
Instead of having multiple SFH or duplexes that would potentially require a more hands on approach?
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30 January 2025 | 21 replies
Apparently offering them to leave early without requiring rent, they decided a few hour notice is a good idea haha.
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22 January 2025 | 21 replies
You won't be able to use conventional financing and must use a non-recourse loan which typically require 40% down.