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1 September 2021 | 7 replies
@ Neil Garceau,What i will suggest is for you to look for an Asset Based Hard Money Lender that does not consider income or Credit, underwriting is based purely on the asset and its cash flow.
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6 September 2021 | 11 replies
I also have a 16 panel solar array that's 5 years old that I could sell for maybe $5k with inverter batteries etc.
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31 August 2021 | 8 replies
I also have a 16 panel solar array that's 5 years old that I could sell components of for maybe $5k with inverter batteries etc.
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1 September 2021 | 3 replies
Expected net profit from sale: ~50kRent: $1,800PITI Payment: $930So even with conservative reserves (30% = $540), I can pure cash flow about $330 by holding.
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5 September 2021 | 26 replies
Even at 2% over 30 years that’s only 82k financed.This isn’t looking like much of a deal as a long term rental unless you are doing a pure appreciation play.
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8 September 2021 | 7 replies
repaied by 9/13 for township re-inspection and not my inspector with previously anticipated closing date 9/14: - furnace repair- *electric repair- *basement smoke detectors replaced- *2nd floor bedroom battery for smoke detectorHowever, the local U&R requirement is just for safe occupancy and certainly not to the standards of this house at the time of sales agreement (house was agreed to over asking, AND above market value locally due to its great condition prior to the flood), and PA Agreement of Sales specifically states ("home must be in condition when it was agreed to").I have had numerous emails/info exchanged with my lawyer now.Any recommendation, pointers, insights?
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7 September 2021 | 6 replies
Make sure your do the numbers for when you move out and as long as it cash flows “PURELY” you will be great.
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8 September 2021 | 16 replies
Stay near your work, buy pure investments in langley / abbotsford etc.Do NOT move out there, you will be spending minimum 2.5hrs driving each day.I have a rental in pomo, and vanc, 20% down on both, both cashflow negative.
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21 April 2022 | 7 replies
We have thought about going to a digital key pad but are not sure about batteries dying and the fact we would still need to catalog all the keys to these pads.There are so many factors I am hoping to gain helpful insight from some of you who may have already solved this issue.Thanks!
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10 September 2021 | 36 replies
The other guest was a long term stay and I had to replace batteries in the door lock.