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2 February 2025 | 14 replies
Try to get preapproved from a local loan broker or Co-op.
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6 February 2025 | 42 replies
For example because New York is a generally more expenisve market, you have larger loan buy downs, bigger dollar appreciation, etc.
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20 February 2025 | 8 replies
Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.
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24 February 2025 | 11 replies
Connecting with an insurance company may be helpful in placing long term tenants in a fully furnished home.
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17 February 2025 | 10 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
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8 February 2025 | 6 replies
This is really a lot of information packed into a densely worded post.Yes, you can use loan proceeds to buy out another member, but it doesn't seem like you'll have enough to buy out and develop.
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2 February 2025 | 2 replies
You have an excellent jump start- the VA loan is such an amazing tool to get the ball rolling.
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30 January 2025 | 6 replies
I started a property management company in 2017 and am now managing almost 800 doors and 6 construction crews.If I could do it all over again, I would have spent a little more time setting up business systems prior to jumping in.
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4 February 2025 | 10 replies
I've seen many investors get burned because they failed to understand their hard money loan terms/rates, even if they did acquire what should have been a home run deal.
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15 January 2025 | 6 replies
Where another issue arrises is I recently quit my job after becoming pregnant as they would not cover my maternity while overseas, my husband is employed however he works for a UK company and is British so would be unlikely to help us with the situation in the US.