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3 April 2024 | 2 replies
Might be worth simply waiting for current tenants to vacate.Also, in Washington you do have to provide 48 hour notice and if you can get a response to your request for the tour, that is sufficient.
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2 April 2024 | 43 replies
Even that may not be sufficient.
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3 April 2024 | 36 replies
Hope this helps to understand how a lender looks at a rental property's income to be a self sufficient asset.
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2 April 2024 | 12 replies
How did we go from having sufficient housing 5-10 years ago to suddenly having a serious shortage?
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3 April 2024 | 20 replies
FHA Stress Test (self sufficiency test) for 3-4 unit properties.
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2 April 2024 | 2 replies
Try to position properties around Hospitals (teaching-hospitals work best) as these are great locations for rent by rooms for nurses and students that only need a place to sleep and cook for a couple of hours and then get back to work.
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5 April 2024 | 43 replies
Owner agrees to maintain sufficient and prudent all risks property insurance and that the Manager shall be an additionally named insured.
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3 April 2024 | 83 replies
I have had some refinances come in with RIDICULOUS appraisals...luckily we had sufficient equity to make up for this stupidity.
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3 April 2024 | 24 replies
@Dav PohoteThe answer is it depends,Currently you may be much better off at 15 years due to where interest rates are but when they were 3-4% you could have invested the delta between A 15 and 30 year payment and achieved a return better than the interest you were savingIt’s also a personal preference where people like to have less debt and sleep better at night - I am 100% with that being the reason to do 15 %For example for us our primary is 30 year at 3% and we have a rental that we 15 year at 2.5% and reason we did 15 year on it was it matures the year my son will go to college and we did not “need” the cash flow during this time so we were like let’s have it paid off and then it’s cash flow can be used for his schooling or sell it to pay for school.Lots of things to consider and each situation should fit your needs