13 December 2024 | 4 replies
Condos will be your best option when compared to co-ops because only about 15% of co-ops allow subletting.
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17 December 2024 | 17 replies
All will be delivered vacant, apparently I missed the piece in my offer that allows the seller to stay in the unit up to 7 days after closing...
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18 December 2024 | 9 replies
You'll also need to be listed on more than just Airbnb, and they are the only platform that allows multiple checking accounts listed.
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15 December 2024 | 8 replies
Firstly, well done for persevering and trying every avenue you thought would get you the data you needed.Most would have caved earlier and handed out there hard earned cash for old, saturated leads/records from the same prominent platforms which dump them pretty much when they receive them from either 1).the same large brokers AFTER the county has listed them on the county website or, 2). from the counties themselves directly AFTER the county has listed them on there own website, or, 3). from data scrapers on Upwork/Fiverr who scrape the data from those same platforms AFTER the counties/brokers sell those platforms the data being scraped by the freelancers.Anyway, rant aside you seem to of made the same mistake i made when I first started branching out away from providing leads to my original couple of clients i got from Upwork who wanted me to scrape data from court records in FL for pre FC leads.Simply, I didn't know where to look for the information I needed in states outside of FL.FL only allows the judicial route to foreclosure so I only needed to know/find/scrape the data from Lis Pendens documents for counties they requested.
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18 December 2024 | 11 replies
In 2021 we bought the building for $1.5M using private lenders, pushed the occupancy from 50% to 80% occupancy and it appraised for $3.125M, allowing us to pay back the private mortgage.Right now, we are in the predevelopment process of design and piecing together the capital stack for the redevelopment deal, which will be made up of historic tax credit equity, RestoreNY Grant, DRI Grant, etc.
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18 December 2024 | 12 replies
We even allow pets but charge $50.
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20 December 2024 | 9 replies
And to pile on, if you didn't own this property, then you would be paying $700 or more in rent each month to live somewhere else.It's nice when you can find a hack that allows you to live rent-free, but that doesn't happen often.
13 December 2024 | 15 replies
FHA may have allowed you finance up to 96.5% of the loan to start the hack.
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13 December 2024 | 2 replies
Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.
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16 December 2024 | 6 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.