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7 February 2025 | 13 replies
I told her that I’d hire her at her minimum required salary and give her a small signing bonus.
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16 January 2025 | 10 replies
Most new construction deals require you to give up to a 10-year warranty on some items while most fix and flips come with very little extended liability after the sale excluding gross negligence which is not stopped by an LLC in any case.
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6 January 2025 | 7 replies
These are all important considerations, and understanding the requirements can save a lot of headaches down the road.
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9 January 2025 | 8 replies
It is pretty easy to keep it fully occupied but it does mean I turn away a ton of people who want a lease that doesn't quite fit my requirements.
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11 January 2025 | 15 replies
Often it's a really easy fix or operator error that does not require a pro.
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7 January 2025 | 8 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
13 January 2025 | 7 replies
The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)
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9 January 2025 | 2 replies
High credit scores and low DTI are often required…and these take much longer than I first thought…Navy might take 45 days to get through the gauntlet.
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7 January 2025 | 8 replies
@Kyle Trotman If you purchased with a hard money loan conventional lenders will require extensive seasoning to utilize the new appraised value for cash out.
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7 January 2025 | 13 replies
If the latter, simply give her the notice required (eg 30 or 60 days) that she needs to move.