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14 January 2025 | 5 replies
These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.
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9 January 2025 | 5 replies
To determine price range, the first step is always figuring our how much you are pre-approved for; and that can vary significantly when you are looking at multi-unit properties because of the additional variable of rental income that can be included in qualifying.
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15 January 2025 | 2 replies
Once you become licensed you subject yourself to all the laws required of licensees, including the requirement of broker supervision.
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29 January 2025 | 31 replies
All offers included more $5,130 fees to Lendbase, over the $6,000 already paid!
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11 January 2025 | 7 replies
Keep in mind, though, that each lender has their own criteria for how much future potential they’ll factor in, so it might come down to some skillful negotiation and presenting detailed projections that don’t feel like puffery.Just be careful not to come off as overly speculative…lenders tendd to shy away from what sounds too good to be true.Anyway, I’m curious.. have you spotted any other investors in Gainesville facing a similar refinance puzzle and what kind of terms were they able to secure?
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13 January 2025 | 6 replies
The biggest factors, from what I can tell, are age and rebuild cost.
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13 January 2025 | 13 replies
That is another factor that a bank will consider.
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11 January 2025 | 20 replies
ON THE OTHER SIDE, the liability and cost of fencing it in, as I would need to do, is a huge factor...
17 January 2025 | 7 replies
I appreciate it.Aside from the option to be added as 'additional insured' they have the option to purchase a "ProtectionPlus Bundle' from Surevestor, which includes several things like protection against eviction costs, wilful damage to property, over a $1 Million third party liability protection, loss of rent protection for 25 weeks etc.This is $50/month.