Tom Carmody
Condo Hotel (Condo-tel)
24 November 2024 | 27 replies
Typically the terms will be 5/5 arm mortgages on them vs 30yr fixed on a warrantable mortgage.
Vikash Nand
scope of work
15 November 2024 | 3 replies
It’s written explicitly for investors to help them understand rehab projects and budgets.
Valerie Bowman
Blanket/Portfolio Loans and buying an 8 unit with a single family next door
20 November 2024 | 13 replies
It will be a 5/1 ARM though.If you want to lock in a 30 yr, but with a little higher costs, I've used LimaOne and Visio in this area.
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
He does not own 92 units, he is a participant, and has not been explicit about the degree of his ownership.
Sharon McCants
Should I sell cash flowing property to buy 2 more with the cash?
19 November 2024 | 28 replies
My Atlanta property appraised for $320k and I owe $65k at 6 1/2% ARM (with 1% cap/yr).
Account Closed
11 Places to Find Foreclosure and Pre-foreclosure Listings
26 November 2024 | 3 replies
Short sales by design are listed on MLS (always and always are arms length) and not below value, or the lender would more than likely decline any short sale offer.
Harrison Pruett
Newbie Here! | Tips, Tricks, & Advice Appreciated!
14 November 2024 | 25 replies
They’re telling you to chase audiences that explicitly do not want to sell their houses.So, no wonder “everyone” is struggling to get deals.
Carrie Lane
Void roof warranty under property management’s care
14 November 2024 | 9 replies
Property manager explicitly said no one has been on the roof other than the roofing company, and even suggested I look into an attorney to go against the roofing company.
Account Closed
Should PM provide itemized receipts
14 November 2024 | 20 replies
We don’t have any explicit wording in our PM contract regarding coordination surcharges, but would a 25% surcharge be reasonable?
Paul Sanders
HOA CC&R's written in 1998 now being used to prevent STR's, what to do?
11 November 2024 | 7 replies
It is to your advantage that STRs have existed since before 1998 and were not explicitly cited in the CC&Rs.