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15 January 2025 | 6 replies
I know lots of installers don't do it, and I personally prefer the unimpeded look, but anything installed outside of the requirements of the material is probably going to be limited, i.e. the insurance company is not going to pay you because the material was not installed according to flooring requirements.
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14 January 2025 | 6 replies
2 are not cashflowing with the required expenses for vacancy at 10%, repairs at 10% and capital expenditures at 5%.
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17 January 2025 | 9 replies
HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."
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26 January 2025 | 13 replies
Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.
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15 January 2025 | 10 replies
Rent control measures, burdensome employment regulations, and excessive administrative requirements exemplify this.
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19 January 2025 | 4 replies
Have a picture of your family actually installing a big fancy door.And of course, I assume that you are licensed/bonded/imsured as required by your local laws?
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23 January 2025 | 10 replies
The fix/flip might be a good way to get such a relationship started: usually has lower cash out of pocket requirements and you can sell the property faster to recoup the capital invested, plus any profits.
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21 January 2025 | 8 replies
These programs offer options for less money down and in some cases DPA - Down payment assistance.As a banker for over 18+ years I am very skeptical when I hear a new name in the business only because its become tougher to lend with all of the new laws and credit/insurance requirements and regulations.
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12 January 2025 | 1 reply
Just make sure you do you research on Manufactured guide lines and requirements.
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16 January 2025 | 7 replies
Maybe I’m wrong but I had to do that on our STR (Ring) and Wyze also requires close proximity on initial setup.