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15 November 2024 | 13 replies
There's nothing left to cover expenses so you better have deep pockets to cover maintenance, admin, turns, etc.If you think you can quickly improve rents to a point that covers your expenses and pads your pocket a bit, then maybe, IF it hits your return threshold.If you're buying cash, then the mortgage is not a factor.
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23 November 2024 | 15 replies
The problem is that you have to accept the dog but the insurance carriers do not cover bites from Pitbull's.
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19 November 2024 | 2 replies
The woman's income covers the bills, and the employer's reference for the man adds credibility.
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15 November 2024 | 8 replies
A financial advisor can help you create a comprehensive financial plan to make sure you cover all your bases before you move forward.
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18 November 2024 | 2 replies
At one time they were trying to figure out how to finance a $10,000,000 roofing and siding project but got bogged down with attorneys and all the mess that goes along with a project that size.
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20 November 2024 | 0 replies
Financing was streamlined through Partner Driven’s program, covering both the $50,000 purchase price and the $35,000 renovation budget.
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21 November 2024 | 6 replies
If lenders would consider a 2-3% buyers agent commission as part of the purchase price and LTV based on this (contract price + buyers agent commission) we can end this Byzantine step of the buyer’s agent having a separate agreement executed with the seller for the seller to offer to cover the buyers agent commission.
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21 November 2024 | 7 replies
Some real estate brokerages may even cover the cost of your license classes.
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21 November 2024 | 20 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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20 November 2024 | 11 replies
Have you seen people who are weary of contingent contracts be willing to offer more in concessions at closing to help cover the bridge loan?