5 April 2024 | 5 replies
For instance, you can use the HELOC to buy a property "cash" and then add value to refinance later.
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7 April 2024 | 29 replies
Every year, Disney and Universal reliably announce new attractions to keep visitors coming back — for instance next year, the opening of Universal’s Epic Universe in 2025.
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5 April 2024 | 37 replies
For instance, if they want to a short-term rental in Breckenridge, they end up in Blue River or Fairplay because cash-on-cash looks way better.
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8 April 2024 | 35 replies
However, you can still cashflow more in most instances, although, generally it’s not a ton of a difference.
5 April 2024 | 6 replies
@Tara AdiI am not an attorneyMy experience has been owning a condo as well as building 1,000’s of themIn this instance there was a defect from the common area element that caused damage to the window which would be the responsibility of the HOAThink of it another way, if the roof leaks and destroys your drywall ceiling - are you responsible to replace the drywall?
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6 April 2024 | 45 replies
Remember these famous words: "If it was easy, everyone would do it!"
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5 April 2024 | 43 replies
I do not know who would, I would not, but this contract above is saying the owner of the property would be required to defend an employee of the PM for this instance - someone goes on property collects rent, gets in a fight and kills the tenant....
4 April 2024 | 11 replies
For instance, what is your note worth, what is the house worth, monthly expenses including mortgage, and gross rents, ect.
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4 April 2024 | 5 replies
For instance, if you've determined that your max down payment ranges from 3.5% to 4%, ask yourself: do you have the 4% for the down payment plus an additional 3-4% for closing costs (Yes, be prepared to pay the closing cost for the acquisition of your properties) on a $1.3M property, at your disposal?
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3 April 2024 | 1 reply
For instance, you would be able to obtain a loan at less than 10% down, while a rental purchase would require at least 20% down.The down side to moving into a home is that you would not get to have LLC vesting.