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17 January 2025 | 19 replies
So holding the property and even renting at below market to get it filled quicker with slightly less cash flow (maybe 100-200 less at most) is still a decent deal as a buy and hold.
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25 January 2025 | 24 replies
Your looking at this really cool and unique position your in, and focusing on it as a problem.
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8 February 2025 | 18 replies
HML is the same as getting a mortgage from a regular lender such as a bank or credit union, but the HML does not require as much documentation and they provide money really fast say, within a few days.
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30 January 2025 | 13 replies
However, as a seasoned landlord, I would not ever dare to ask "how much more damage could they do?".
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27 January 2025 | 12 replies
Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)
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19 January 2025 | 27 replies
Know your responsibilities as a landlord instead of acquiescing to every request or complaint.
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22 January 2025 | 5 replies
Once it's placed into services as a rental, the property taxes will be a rental expense.I agree with Gregory above and speak with the company he has his mortgage with.
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19 February 2025 | 22 replies
If it's the only bed in the property that would keep me from rebooking as a client
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20 January 2025 | 9 replies
I have known and worked with Matt for years.I have attended his training and hired him as a consultant.He is hands down the best at what he does.I have personally raised over $50 million for my hard money lending company.I am grateful for a lot of people who helping me with this success and Matt is at or near the top of that list.
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13 February 2025 | 25 replies
There are lenders that "specialize" a bit more into those kind of areas, but from the eyes of a lender, what could happen is that they see 'rural' as a sign that you might struggle finding tenants down the road.