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5 February 2025 | 1 reply
New 30 Year roof installed in 2022.
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29 January 2025 | 11 replies
You're probably better off getting a Hard Money Loan.
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30 January 2025 | 4 replies
Plus new folks do a very poor job of screening the buyer for Ability To Repay (ATR) which involves pulling full doc and calculating the borrowers DTI, honest income, honest debt payments, prior debt payment histor (FICO) etc etc.Plus shockingly (or shocking to sellers) if you bought this investment house, fixed it, then are selling with financing you are selling "inventory" and y9ou owe taxes on the gain in the year of sale, you are NOT able to use installment sale to spread out paying taxes.
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18 February 2025 | 1 reply
(FWIW,$8K on just the compressor seem excessive.)Otherwise, unless your contract with your GC says they will provide 24/7 surveillance, or you can prove the AC was never installed, you own the problem.If the property has been vacant for more than 30 days, most policies won't cover vandalism unless you have added a Builders Risk Addendum.
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20 February 2025 | 25 replies
. 🤷🏼♂️ Credit scores can be misleading when screening tenants, as many lack the term loans (like mortgages) that drive high scores.
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5 February 2025 | 2 replies
I financed the deal with a conventional loan and bought down the rate from 7.75 to 6.25.
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19 February 2025 | 2 replies
Resilient channel: Install metal strips called resilient channel on the wall framing before adding insulation, creating an air gap to further dampen sound.
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6 February 2025 | 3 replies
The best thing you can do to prevent future foundation issues is installing gutters around the property to repel away from the foundation.
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25 January 2025 | 4 replies
We are trying to think of all our options for a rehab loan.
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27 January 2025 | 15 replies
Different DSCR lenders have different guidelines.More on DSCR loans: DSCR loans won't use your income to underwrite the loan.