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21 January 2025 | 6 replies
They could make legal arguments about hardship and/or off-sets for non-compliance by landlord, but this would require posting rent or coming even with rent.
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26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.
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28 January 2025 | 9 replies
This figure includes allowances for heat, electric and any other utility that the tenat is required to pay and this is deducted from the FMR.
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12 January 2025 | 1 reply
Just make sure you do you research on Manufactured guide lines and requirements.
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27 January 2025 | 35 replies
However, required downpayments were typically 40-50%, and would be difficult without a residency visa.
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17 January 2025 | 21 replies
Canton is not quite as bad, although they have increased annual fees and initial inspection requirements in the past few years that Akron never put in place.
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15 January 2025 | 6 replies
I know lots of installers don't do it, and I personally prefer the unimpeded look, but anything installed outside of the requirements of the material is probably going to be limited, i.e. the insurance company is not going to pay you because the material was not installed according to flooring requirements.
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20 January 2025 | 16 replies
That is often a matter of opinion and will depend on the attitude of your municipality.Most municipalities do not require neighborhood approval, but will offer the public opportunities to provide input which will be considered.
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20 January 2025 | 2 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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13 January 2025 | 15 replies
I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.