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17 February 2025 | 61 replies
People nowadays want payment up front then service.
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23 January 2025 | 23 replies
That 2625 would completely offset the entire 2000 payment.
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17 January 2025 | 6 replies
This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.
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11 January 2025 | 13 replies
One thing I am curious of - typically many of the hard money lenders will charge a 1-3 year pre-payment penalty in these types of scenarios unless your client paid points to not have that pre-payment penalty.
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15 January 2025 | 8 replies
I would like to purchase another property so I looked into a heloc and a cash out refinance and it looks like I would qualify for about 75000 max which would be enough to put a down payment on another property and rehab it, but I still haven’t paid myself back from the original property rehab.
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13 January 2025 | 15 replies
And, there should not be a minimum number of payments or minimum amount of interest.Here's a quick recap of what to look for in a hard money loan.
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10 January 2025 | 20 replies
How long have you owned these, and how much is rent vs the payment?
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12 January 2025 | 3 replies
Live in one unit - It's a great strategy when using a bank for financing as the down payment and interest rates are more favorable to owner occupants.
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11 January 2025 | 7 replies
Be sure to follow all formalities, such as sending via certified mail if required.Transfer Rent Payments: Notify tenants in writing that rent payments should be made to the new property management company moving forward.
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16 January 2025 | 5 replies
Usually the hardest part is coming up with the down payment.