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23 February 2025 | 3 replies
Not necessarily insurance company stays but simply people looking to relocate for a few months and try it out.
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23 February 2025 | 2 replies
Looking for references for property manager who has experience managing furnished midterm property (30 days minimum stay).Respectfully,Oleksandr
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21 February 2025 | 3 replies
Your name and credit would stay with the existing note, which you would keep paying on - ideally yourself with money you receive from the "buyer", because if they don't pay your credit is wrecked and your house is in foreclosure.If you search on here you'll see everyone and their brother looking to do Subto and it's a nightmare unless the buyer has the funds to pay the note off if/when the original lender figures out you don't occupy the property any more and are attempting to do what you want to do, since most loans are going to specify that performance.
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12 February 2025 | 1 reply
To boost income, consider mid-term rentals (travel nurses, corporate stays), renting by the room, or adding value with minor renovations.
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16 February 2025 | 28 replies
For BRRRR i would stay away from New Western.
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13 February 2025 | 2 replies
This approach has not only improved our operational efficiency but also helped us stay on top of opportunities without getting bogged down by the details.Have any of you tried alternative strategies or found other methods that work even better?
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20 February 2025 | 4 replies
Make sure to provide clear disclosures to the seller about the risks involved, especially regarding the existing mortgage staying in their name.Insurance Considerations – You’ll need to work with an insurance agent who understands sub-to deals, as the lender might require a policy that keeps the seller as the named insured.Due-On-Sale Clause – While banks rarely call loans due, it’s still a possibility.
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12 February 2025 | 2 replies
My problem i is my market is super expensive if I stay in the nyc area and I don’t have the confidence since I don’t have any actual experience to invest out of state do you guys think paying off my mortgage would be more beneficial than looking for more rentals .
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13 February 2025 | 18 replies
This keeps you from cutting corners or hesitating on necessary repairs.7.Stay on top of rent increases & lease renewals.