
7 November 2024 | 7 replies
I don't think refinancing will make sense here at all, Assuming your property does appraise for $166k, and you take out a loan at 75% LTV, that will give you a loan amount of $124,500Assuming your loan fees are the following: Origination: $2,490Underwriting: $1395Processing: $500Title/Escrow/Other Closing Fees: $1800Prepaids: $1,300Subtracting the payoff + loan fees that would leave you with $17,015 at closing.

8 November 2024 | 3 replies
We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

7 November 2024 | 10 replies
Follow up with networking and small conversations with investors.

7 November 2024 | 13 replies
Ian, I would agree if I though the US economy followed a logical progression.

7 November 2024 | 6 replies
By following these strategies, you can add value to your property and maximize returns.Good luck!

6 November 2024 | 0 replies
It was listed on the MLS and I had been following the history.

6 November 2024 | 29 replies
They are very good at follow up and request that vendors take before and after pictures that get uploaded to Latchel to show the work has been completed.

6 November 2024 | 1 reply
In an owner-financed deal, once the sale is completed and the deed is recorded at the county level, the process generally follows these steps:1.

5 November 2024 | 1 reply
Just wanted to follow up here, does anyone out there have any thoughts?