
15 October 2024 | 40 replies
It adds paperwork and costs.As for your concerns, lenders may have reservations, but it varies, so explore different options.

10 October 2024 | 8 replies
So, you'll want to use tracking software like Hubstaff to monitor what an RTM is really doing. not as much of a concern with a VA if you pay them for performance and not by the hour.- Getting an RTM to buy into your ompany culture.

11 October 2024 | 11 replies
The bank is primarily concerned with the borrower’s creditworthiness, the property's value, and your ability to make payments.Private Lenders: Private lenders are more flexible because they focus on the property’s potential, the borrower’s experience, and the deal itself.

11 October 2024 | 15 replies
Thanks, great advice.My main concern is that I am not local (about a 2 hour drive to my market area).

13 October 2024 | 23 replies
Hi Jason, For conventional loans concerning rental properties reported on your PERSONAL tax returns, underwriters will calculate your net rental income based on your Schedule E from your most recent tax return (using Fannie Mae form 1038), depreciation and depletion can be added back in to offset the expenses of the property.

7 October 2024 | 8 replies
Of the 80 units we are adjusting, we would need to permanently not fill about 12 units to be at the same revenue levels.Why is 100% occupancy a Failure?

16 October 2024 | 25 replies
As for refinancing, it is generally possible, but evaluating the costs, including closing fees and any additional points, is key.As a side note, you are obviously concerned about interest rate, and this can make a difference of hundreds dollars per month, but I see clients with properties where the monthly lease is 2x the monthly mortgage payment.
9 October 2024 | 4 replies
My concern is, not being able to rent or sell the property in the future due to the Stadium in the backyard and possible Hotel next door.

8 October 2024 | 36 replies
My concern is exposing my anonymity and other property attached to my LLC since there will be a correlation with my name to LLC on sale history record?

8 October 2024 | 15 replies
If the host doesn't communicate that at the beginning, that's a different story and I would certainly be concerned if I hadn't heard from the host.