
21 January 2025 | 4 replies
Most hard money lenders require 10-20% down payment of the purchase price or total project cost.Holding Costs During Rehab: Yes, you'll need to cover carrying costs, including hard money interest, utilities, taxes, and insurance.

15 January 2025 | 12 replies
To vet guests, you can use a pre-booking form, ask about their plans, and require an ID and signed agreement.

20 January 2025 | 16 replies
That is often a matter of opinion and will depend on the attitude of your municipality.Most municipalities do not require neighborhood approval, but will offer the public opportunities to provide input which will be considered.

19 January 2025 | 6 replies
Make sure to get legal advice on what you can and can’t do for bill back and what kind of notice period is required in your state.

9 January 2025 | 17 replies
Her reasoning is that she put it in her schedule and she could have accepted other cleaning jobs.

4 January 2025 | 9 replies
that isn’t subject to higher down payment requirements or higher interest.

20 January 2025 | 2 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

22 January 2025 | 15 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

14 January 2025 | 3 replies
All the leads I've found so far have balked at either the "investment property" requirement, the "in California" requirement (or both!)

14 January 2025 | 17 replies
I do not think anyone in Cleveland will do a good job.