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9 April 2024 | 11 replies
It's far harder to qualify for conventional loans if you're a business owner or self-employed and that equals opportunity.When I look at doing a potential owner finance deal the most important thing for me is skin in the game.
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9 April 2024 | 5 replies
question.It's called the 1% rule.In essence monthly rents should be equal to 1% of the total purchase price of the property.So...If you buy a property for $250K then the monthly rent should be $2.5K quick and simple right?
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9 April 2024 | 13 replies
First of all, I'd think they would just take the property back so long as the value was equal to or greater than the loan amount..
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8 April 2024 | 4 replies
My other thought is that it may just make sense to buy the property so that my monthly burden is equal to or less than it would be if I rented in the area, because at least I am paying towards my own equity.
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8 April 2024 | 4 replies
Here's the advise that I can tell you:Not all Section 8 tenants are created equal.
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8 April 2024 | 0 replies
We expect you to be equally committed and, to that end, ask that you bring some money to the closing table.
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8 April 2024 | 0 replies
We expect you to be equally committed and, to that end, ask that you bring some money to the closing table.
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10 April 2024 | 38 replies
Also, a $10-20 /month payment would take years to equal a security deposit, much less make profit for Rhino.
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7 April 2024 | 6 replies
So while the proper expertise is vital in a successful ADU project... yes, please do question the tiny house start-up companies, or anyone touting themselves as "ADU experts" without the evidence to back that up.
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8 April 2024 | 9 replies
I'm also charging less than Rentometer suggests I should.There are a few equally nice units a few blocks away that charge comparable rent.