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9 June 2024 | 223 replies
The lender will typically require a more comprehensive title insurance policy with endorsements typically not required on a residential purchase.
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7 June 2024 | 1 reply
I'm not sure that someone's past performance in the market will be helpful if you are trying to assess your potential future performance.
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7 June 2024 | 5 replies
Be prepared for this aspect when assessing and analyzing deals.
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6 June 2024 | 1 reply
Got hit with a 24k assessment 1 year after purchase, but we are still cash flowing and got the condo at a great price, as well as at 3.25% interest.
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7 June 2024 | 14 replies
A lot of investors are (wisely) wary of condos because condo fees can rise and special assessments can eat up your cashflow.
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6 June 2024 | 7 replies
I personally would approach this with a self assessment.
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8 June 2024 | 22 replies
One street where I owned two properties, I check the assessment records and found that of the 22 houses on the street 20 were owner occupied and my 2 were the only properties that were not owner occupied.
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6 June 2024 | 4 replies
I would be purchasing with an FHA loan, how do i assess if the deal is worth it?
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6 June 2024 | 2 replies
.- Research the Flipper:Look into the history of the flipper or the company that did the renovations to assess their reputation and track record.Be Skeptical of the Cosmetic: Look beyond the surface-level improvements to understand the true condition of the home.Taking these steps can help ensure that you are making a well-informed decision and investing in a quality home.
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4 June 2024 | 0 replies
Drive around the property and its surrounding area to get a comprehensive understanding of the location.