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6 February 2025 | 5 replies
Prohibiting a landlord from using criminal history prior to a conditional offer.We're seriously considering selling and buying in another state.
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2 February 2025 | 2 replies
I'm an active duty military member and our family has been moving around the country for the past 20 years so we're excited to begin buying some places we can hold onto.
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13 February 2025 | 22 replies
Historically in EBR, though, once the exemption is in place, it is unlikely to be removed unless the property is reassessed, there is a complaint, or some other action occurs to bring non-owner occupancy to light, such as buying a new primary residence in the parish.
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19 February 2025 | 6 replies
He is probably trying to find someone that will buy the property, he then charges a "markup" to the buyer.
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29 January 2025 | 10 replies
Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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30 January 2025 | 6 replies
If you plan to buy in your hometown, buy a 2-4 unit, and live in one of the units.
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22 February 2025 | 18 replies
My current debt is 590 times my 2024 income.However, I recently locked a 6.385% 30 year, 75% LTV, with 2 points to buy down DSCR loan.
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10 February 2025 | 3 replies
Many groups buy cash flow negative deals and overraise to pay distributions right away.
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8 February 2025 | 7 replies
Last thing to consider is if you are buying a new home, will you want to do 100% financing and will you have the remaining bonus entitlement to do so.
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10 February 2025 | 9 replies
But yes long term I am interested in buy and hold single and multifamily.