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20 November 2024 | 9 replies
There are lenders who can do a cash out refinance for the new appraised value after three months so it can be a good choice for an investor who's doing a BRRRR.These loans can work for investment properties that are long term rentals, short term rentals, non warrantable condos and condotels.
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21 November 2024 | 18 replies
Typically lenders for non recourse require the borrower to have a net worth that is equal or greater to the outstanding loan blance, have at least 1 year reserves for debt service and experience and or a track record.
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19 November 2024 | 12 replies
A simple non-tech solution.
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16 November 2024 | 21 replies
The IRS is stringent, and the primary time commitment in a non-real estate role may disqualify you, especially with passive management of your portfolio.2.
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11 November 2024 | 8 replies
Happy to have a conversation as I have extensive experience working with non-US citizens.
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20 November 2024 | 15 replies
My closing costs were non-negotiable with the seller since I bought new construction, but I would highly recommend upping your offer to talk down the closing costs; use leverage to your advantage since you are young.The funding fee can be complicated and I cannot speak on how it works exactly.
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15 November 2024 | 7 replies
Duplexes are worth quite a bit more per sqft than Fourplexes as there is a larger buyer pool and it opens to the non-investor customer.
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20 November 2024 | 37 replies
I would consult with a 1031 exchange expert on this, as they will provide you with the most accurate knowledge needed to make the best decision (assuming you go that route).Good luck!