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23 January 2025 | 21 replies
These are high quality properties that require very little or no deferred maintenance for the Buyers.
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16 January 2025 | 3 replies
However I would say those lenders would be more willing than a bank to write the mortgage, and after completion you can refinance it.Overall, its probably easier and better use of your time to just find another house that doesn't require the construction and where the numbers make sense.
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10 January 2025 | 8 replies
Piling on...all occupants who are 18 or older (or legal emancipated minor) should absolutely be required to make application.
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17 January 2025 | 14 replies
If the LLC is the maker on the note, there's a good chance you'll be required to personally guarantee the note.
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5 January 2025 | 8 replies
In my experience, it is worth simply reaching out to your realtor first.
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10 January 2025 | 3 replies
I wanted to get back in the game again but don’t have much in reserves that most if not all HML require.
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5 January 2025 | 18 replies
However, in the City of Chicago and some other areas, the Tenant may have a right to cure the violation and stay.Thirty Day Notice If the Tenant is on a month-to-month lease or an oral lease, the landlord can terminate the lease for any or no reason by simply giving a 30 Day Notice.
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10 January 2025 | 4 replies
Generally there are multiple units for each "zone" if you will when I've seen them installed.Regarding your problem at hand, I personally would simply adjust your plan to move and make your initial plan to get the current issues resolved, while costly now, in the long run holding onto the unit will likely pay off.
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11 January 2025 | 67 replies
Yes, my banks require a 1.2 DSCR debt service coverage ratio, meaning they want to see rent 20% higher than the mortgage payment.
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6 January 2025 | 1 reply
Example, buying a vacant lot from a neighbor and simply explaining that someone else will be on the contract in a few days is not easy.