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21 January 2025 | 9 replies
I plan on holding on to my properties long term so equity would be great as well.
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15 January 2025 | 13 replies
The platform's main focus is processing mortgage documents in their raw form to extract specific financing terms for all properties in the city.
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13 January 2025 | 15 replies
Even first-time flippers should be able to get these terms: Application/Credit Report/Upfront Fee: $0Appraisal Cost: $0Down payment: 10% of purchase price (= 90% LTV)Rehab funding: 100%Interest payments: Paid only on amount drawn (non-Dutch)Prepayment Penalty: $0Reserve Requirement: $0Max Funding: 80% ARVMax Funding 95% LTCClosing time: Measured in days, not weeksI hope this helps.
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14 January 2025 | 4 replies
The MSA will set the general terms for ongoing relationships with your subcontractors, like jobsite cleanliness expectations, payment terms (i.e.
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14 January 2025 | 17 replies
I've considered areas close to the Falls, but sellers seem to price it a lot higher assuming the buyer can make it up renting it short term.
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16 January 2025 | 3 replies
I've got a long term tenant lined up & the unit is a non smoking unit, which the applicant is aware & fine with for indoor.
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20 January 2025 | 11 replies
Be mindful of recapture tax when selling but consider long-term strategies like a 1031 exchange.This post does not create a CPA-Client relationship.
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17 January 2025 | 7 replies
@Roman Balmakov If you are planning on holding the property long term and have enough reserves to cover even worst case scenarios it could still be worth it.
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16 January 2025 | 3 replies
We have had duplexes with shared water, sewer, and trash billing, as well as shared driveways.The long term tenants act more like owner occupants, planting flowers, etc. and in some cases neighbors think that they are the owners.
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30 December 2024 | 6 replies
I have a master policy with default coverage for all my renters.