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8 September 2024 | 29 replies
I would be elated for any of you guys to check out our platform or our youtube channel where we have top closers locking up contracts LIVE for you guys!
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6 September 2024 | 2 replies
The lesson learned is vetting the potential buyers before pulling the trigger on the one that might look the best on the surface.
6 September 2024 | 2 replies
The tenant is mentally unstable, didn't pay rent over a year, got evicted, forced out by the Sheriff and kept coming back to the property by breaking locks and lock picking.
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6 September 2024 | 9 replies
However, since you have loans on two properties, you'll want to check with your lender about any due-on-sale clause that could be triggered by transferring the properties into an LLC.
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6 September 2024 | 22 replies
I've kicked around installing AC but still manage to get renters applying to live there before I pull the trigger on installing AC. 3 - 2nd Duplex - I installed central air after purchasing the property for inherited tenants but they've used their own W&D units for years.
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7 September 2024 | 5 replies
Sometimes owners lock in long leases at cheap rents because they are emotionally attached to the tenants.
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8 September 2024 | 18 replies
. $3K per bedroom, $1700 for kitchen/dining utensils, $300 per bathroom, and another $1000 for miscellaneous (smart lock, modem/router, cameras, board games etc).
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8 September 2024 | 101 replies
I was thinking of OOS, but reading your post I think It would be to much risk and have decided if I'm going to pull the trigger on something like this, I would be moving to that location.
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5 September 2024 | 6 replies
It is holding me back from proceeding because of lack of money to lock in contracts.
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9 September 2024 | 22 replies
Excellent location in Mesa.I shopped around and I found a mortgage broker who was able to get me a 6.99% rate who took the loan to UWM (united wholesale mortgage).I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rate.part of the approval process for the Fannie Mae 5% mortgage is to make sure that i could afford this property and that i have good credit, my income is consistent and stable and it reflects that on my tax returns, I have sufficient capital reserves for the subject property and my other 10 Multifamily properties (6 months of PITI for the subject and then it's percentage based off of the loan amounts and how many properties you have)I agree, the more that government "helps" they therefore are increasing pricing.