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28 November 2024 | 5 replies
If paid by the lender (this is common for conventional financing, especially with retail lenders), the origination and/or underwriting fee is “baked” into the interest rate, therefore giving you a higher rate in exchange for lower out of pocket costs.
26 November 2024 | 7 replies
Your property listing can also be a great way to lay out qualifying criteria (i.e credit score minimum, and require a co-signer if lower).After conducting due diligence into a particular tenants situation, and you decided to proceed with an application approval, you could require a higher security deposit.
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27 November 2024 | 15 replies
Sales comparables which would be higher in the past due to lower interest rates earlier., C.
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26 November 2024 | 6 replies
One hiccup and you're breaking even, like appraisals that come in at 265 (or even lower!).
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27 November 2024 | 7 replies
Hey Becky, I see your note about cash flow being lower on the north side but appreciation being significant.
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25 November 2024 | 2 replies
The lower the median age for the area, the better 1/1 will be.
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26 November 2024 | 2 replies
Basically types of deals where you will pay the money back quickly, but I have heard of some folks getting financing for longer term with lower rates.
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27 November 2024 | 13 replies
@Charlie KrzysiakCondos in Dallas offer affordability, lower maintenance, and strong rental demand, making them a good investment for those looking to build equity and reduce living costs.
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6 December 2024 | 36 replies
I've been getting a card or two a year to increase my limit (indirectly lowers utilization as well if you don't charge it up) - it does hurt the overall credit age though
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26 November 2024 | 3 replies
Gifting the property to your son transfers your basis ($265K) to him, allowing him to sell at his lower tax rate (0%-12%), but requires using part of your lifetime gift tax exclusion.