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15 January 2025 | 6 replies
Most lenders I work with would lend you 70%-75% of the value of the property, but only so much that your NOI/profit is 20%-25% of the monthly loan payment.
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23 January 2025 | 14 replies
This will be helpful for hosts who have already set up their payments with Alachua County.Despite the oversupply, I still feel there are plenty of opportunities in Gainesville, both for STRs and LTRs.If you’re a current or aspiring real estate investor in Gainesville, feel free to share your thoughts, opinions, and stories.
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14 January 2025 | 19 replies
I forget; it was payment processing related) that required me to have a website for the business.
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16 January 2025 | 1 reply
Payments $492 (interest, tax, insurance) currently owe $51K.
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28 January 2025 | 15 replies
Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.
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21 January 2025 | 8 replies
Also go through a servicing company for payments to the seller, escrow can probably help you out with a recommendation for that.
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15 January 2025 | 3 replies
If you aren't paying cash and are doing owner occupancy you may be able to use FHA instead of Conventional with a higher down payment.
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21 January 2025 | 14 replies
Your payment requirement would rule you out for us.
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21 January 2025 | 40 replies
That's $1680 per year for QBO, plus my Bookeeper at another $500 a month to log monthly statements, break down loan payments, and reconcile.
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23 February 2025 | 107 replies
As far as payment, all I wanted was my time covered and I charged a lousy $100 a month.