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26 January 2025 | 5 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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22 January 2025 | 16 replies
They will just wait for you to cancel the contract and offer on the listing themselves.
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2 February 2025 | 10 replies
Typically it’s a secondary use meaning the land must have a primary use (like a home on it).
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23 January 2025 | 10 replies
Congratulations on the upcoming wedding!
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22 January 2025 | 2 replies
White Oak color and Walnut color are the two main ones you want to focus on, depending on the rest of the design in the house!
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12 January 2025 | 6 replies
Again even if you have great credit as you start to add more credit cards, mortgages, auto loans to your credit you can also be viewed as "High risk" due to Excessive trade lines in credit or higher DTI - debt to income ratios.
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22 January 2025 | 9 replies
I would focus on REALLY GOOD Realtor.
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12 January 2025 | 2 replies
having a HELOC to have an emergency line is smart since if you really need it in a crunch you could draw funds within 1-2 days or less in most cases.
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21 January 2025 | 8 replies
Quote from @Griffin Malcolm: Open an LLC and apply for a small business line of credit from Key Bank.
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25 January 2025 | 18 replies
I am changing the locks over on all of my units at each turnover.