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10 December 2024 | 2 replies
Investment Info:Single-family residence buy & hold investment.
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10 December 2024 | 5 replies
* House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?
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10 December 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment in Success.
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10 December 2024 | 0 replies
Investment Info:Single-family residence wholesale investment.
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9 December 2024 | 2 replies
Investment Info:Single-family residence buy & hold investment in Rocky River.
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3 December 2024 | 9 replies
Truthfully though, I would do a cash out refinance for a large sum of money on my primary residence to ensure I do get a better rate.
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11 December 2024 | 4 replies
I have read the city’s guide https://www.slcdocs.com/Planning/Guides/ADU_handbook.pdf but I still have questions.1. can tell that till require the owner to live there for the ADU. 1a is it for permanent residency or is it justified if it is a second home that I would use occasionally?
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10 December 2024 | 9 replies
The contract says - RESIDENT shall be responsible for disposing of items of such size and nature as are not normally acceptable by the garbage hauler.2.
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11 December 2024 | 1 reply
Investment Info:Single-family residence buy & hold investment.
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15 December 2024 | 38 replies
I'm looking at working with insurance companies/temporary housing for my next rental, I have an LLC, but I don't know what kind of credibility they look for since I only have my personal residence that I house hack.