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17 January 2025 | 11 replies
@Shayan SameerThe non-paying tenant could impact your short-term cash flow, so consider the potential costs and timeline of eviction in your state.
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10 January 2025 | 7 replies
U can check out ivyridgeestatescanby dot com for my 90 home project in Oregon that I did with my oregon bank and then my website for pictures of homes we built in Charleston SC which is the only market I tagged HML ( lima one) and only one time the rest were done with Ameris bank or Service first bank that is local in the market. its all about the three C's Character Collateral and capacity..
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12 January 2025 | 10 replies
The challenge we're facing is the lack of short term rental data for the appraiser, and we won't know if it will meet the debt service coverage ratio (DSCR) requirements until the appraisal is complete.Has anyone dealt with a similar situation?
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9 January 2025 | 8 replies
Once you're narrowed your market to a DMA you can also use some subscription services (i.e.
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9 January 2025 | 5 replies
The options are going to non QM lenders who allow this.
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14 January 2025 | 27 replies
Yes I am looking at Ocala, FL due to the fact that the properties they selling are non-HOA.
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8 January 2025 | 29 replies
We offer many of the same services as this agent, but we have no problem with investors flying to Detroit to check things out - we actually prefer it!
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14 January 2025 | 4 replies
Provide copies to all parties involved.This project-specific agreement works well for one-time jobs, but if you plan to work with subcontractors regularly, I highly recommend having an attorney draft a Master Services Agreement (MSA) for your business.
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12 January 2025 | 12 replies
The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.
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6 January 2025 | 4 replies
If you do not have (2) full years of 1099 you can still get approved for a mortgage using a Non/QM program like a "1 Year 1099" program or Bank statements.