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21 November 2024 | 16 replies
This will vary by lender, but 60 days will cover seasoning for most.
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19 November 2024 | 3 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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20 November 2024 | 2 replies
If Borrower wishes to exercise this option to extend, Borrower shall notify Lender of Borrower's intent to extend in writing prior to the Maturity Date.Security for Payment: This note is secured by n deed of trust of even date from Borrower to Doc Prep 911, Trustee, both of which cover the following real property: Lots xxxx, City of xxxx, according to the map or plat recorded in xxxx, Map Records, xxxx, Texas.
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18 November 2024 | 3 replies
The challenge is that the property only has a one-hour open house the day before the auction.Here are the details:•Opening bid: $100K•Hard money lender financing: Up to $220K (with my 20% deposit and 100% renovation costs covered)•Comps in the area: $485K–$510K•Estimated rehab (based on pictures): $125KObviously, this estimate could change significantly once I see the property.
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18 November 2024 | 9 replies
(this covers a lot of ground and serves as a nice framework)
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18 November 2024 | 0 replies
We've seen our area MLS which covers about 20 counties come down to an average sold to list price ratio of 95.1% and Knox county specifically has come to 96.4 % which is lower by about 2% from this time last year and down from our peak this year of 98.5%. but it's about in line from winter 2022 into spring 2023 which was a time when rates were rapidly rising.
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16 November 2024 | 6 replies
It appears the only thing I'm not covered for now is resolutions.
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18 November 2024 | 27 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2112787/small_1621518141-avatar-jacobb433.jpg?twic=v1/output=image&v=2)
18 November 2024 | 6 replies
Just ensure that the projected rental income comfortably covers the new payments, including the HELOC.
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19 November 2024 | 6 replies
Is it possible to cover your mortgage taxes and insurance through what the average market amount is in the area?