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15 September 2024 | 14 replies
Generally speaking, I have not seen underwriters look too deep into occupancy concerns related to second home vs investment property since Fannie/Freddie installed new LLPAs a couple years ago that make the pricing for each aligned in most cases.
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14 September 2024 | 32 replies
Fairmount is a newer entity which is a little concerning.
14 September 2024 | 12 replies
This is a real concern, especially in competitive markets.
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13 September 2024 | 7 replies
Another option if you're concerned about not being able to sell as a portfolio, or individually.
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13 September 2024 | 1 reply
Most glaring issues to me are:- DWV pipe leak- Some outlets aren't grounded in both unitsWhat are things you've seen in the past that were real causes for concern/concessions in closing the deal?
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12 September 2024 | 0 replies
Also lot of insurance companies to give new quote asking for proof of new roof replacement otherwise not giving quote which concerns me as my roofs are very old replaced by previous owner or original roofs.
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13 September 2024 | 11 replies
I just am concerned if the regulations change, and if you are trying to b build a business, and you do not own the asset, then you can lose your whole model.
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11 September 2024 | 1 reply
I am seeking advice on finding equity investors or lenders who can offer more flexible payment schemes with low or no downpayment at the beginneing, particularly for construction projects with a timeline of approximately two years.
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12 September 2024 | 6 replies
The inability to scope the sewer line is concerning, as you mentioned, there could be blockages or other issues that need attention.
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13 September 2024 | 4 replies
In Florida, two roaches are nothing to be concerned with.