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1 October 2024 | 4 replies
Depending on the endeavor, your still have potential origination, closing cost, reserves of different size(deal type dependent) and other applicable fees/costs.
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4 October 2024 | 13 replies
I also stated that if they harmed the home in the process of these repairs, by not using a licensed and trained professional, it would cost me extra.They responded saying they don't feel I can unilaterally request that a tenant not make these repairs, and they would not notify the tenant to cease work.As it stands, I am allowed to have a contractor who is competent look at the job, quote it, but I am not allowed to do the work with that person, until the tenant has had a shot at it.I cannot believe how basically unprofessional, and dangerous this situation is for all parties involved and want confirmation as the woman who works at this management company has no legal degree, and is constantly attempting to wave the legal flag like an expert.
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2 October 2024 | 13 replies
Make sure you have a downpayment, closing costs, inspection money, as well as six months in reserve savings.
2 October 2024 | 10 replies
I have 3 mortgage payments and enough cash reserves to cover all expenses for 2-3 months without tapping into personal savings.
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29 September 2024 | 13 replies
Quote from @Darren Berg: The estoppel is a form filled out by the tenant, then confirmed by the Landlord, then accepted by the Buyer.
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4 October 2024 | 35 replies
Also, it appears, (still waiting on the final investigation to close to get the point of entry, but it also appears and confirmed by the PM that they or he/she etc got in through a kitchen window, which was not secure and when I looked, it was then secured by a piece of wood to keep it shut.
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1 October 2024 | 15 replies
CPA and CSS experts, can you help me confirm or correct my understanding?
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30 September 2024 | 11 replies
You can couple that news with the news out of China today that they have decided to cut their interest rate, lower Bank Reserves, (banks can lend more money) and make it easier for people to buy houses and they are also actively pumping money into their stock market which is to say we were going to have the massive inflation going forward.
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30 September 2024 | 2 replies
A Heloc is a open end mortgage like a credit card so its an additional trade line on credit, cannto never be used as an Asset, PITI reserve, and its a DTI killer in most cases.A heloc is also usually set up on a shorter term versus a mortgage, carries a Higher interest rate, and most carry a interest only with a prepayment penalty.
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2 October 2024 | 10 replies
I would only move forward if I preferred the ceiling fan permanently...and I would have my contractor install it and then I would bill back the resident (have the resident confirm the installation cost in advance).