
17 December 2024 | 16 replies
Aging reports would be another avenue to explore, but again, may not even have these.Lastly, while maybe this property is in a desirable area of town with strong demand from highly qualified tenants, but I get the impression this is a rough part of town, with very limited demand from tenants.

11 December 2024 | 8 replies
These loans allow buyers to purchase a property “AS IS, WHERE IS”.Renovation loans are available in 30, 20- and 15-year fixed rate terms and can be used to purchase owner occupied, second home and investment properties.By time the renovations are completed, the home needs to be in move-in, live-in condition and conceptually ready to be resold without repair issues.Other Important Items to Know about “Conventional” Renovation LoansMaximum – Minimum Purchase/Upgrade Amounts:Maximum: Limited to 75% of the “after improved” valueOccupancy: Primary, Second Homes, Investment PropertiesUnits: 1-4 unit propertiesRenovation Term:The renovation term for this program is a maximum of 180 days.The Borrower(s) is responsible for the work being completed within the escrow period.

9 December 2024 | 38 replies
Ask for higher limits so your available credit ratio is higher.

17 December 2024 | 86 replies
Transfer it into a Roth IRA 6.5k as you are able (IRS contribution limits will make this take a while).

15 December 2024 | 38 replies
I have used ALE successfully but 4X rent is not what we got we got 2X there is a limit in the insurance polices as to what the insurance will pay but its a decent move at least it was for us

17 December 2024 | 22 replies
I agree with @Ali Boone that turnkeys can be a great option for new(er) investors, particularly those with limited time and expertise to tackle more hands-on approaches.

10 December 2024 | 1 reply
Other sources have certain loss limitations.2.

9 December 2024 | 11 replies
I had a response on a previous post this year about what the private lending restrictions will be here --> https://www.biggerpockets.com/forums/22/topics/1174919-bough...Here's a re-post of that information though:------------------------------------I do have a DSCR lender who can assist with a limited recourse loan that will close in the name of a self-directed IRA.

13 December 2024 | 13 replies
Such cities tend to have lower prices that rise slowly due to limited demand.

10 December 2024 | 4 replies
Since the owner needs to pay your attorneys fees (essentially limited by statute, so can be estimated) in connection with a redemption, all of that math should be part of the planning.