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16 January 2025 | 3 replies
If you have not already purchased this policy, I would look for a policy that provided a stated amount deductible for wind/hail vs. a % deductible.
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20 January 2025 | 17 replies
I'm assuming you're referring to investors that provide all of the funds for your flips?
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17 January 2025 | 3 replies
So depending on if you are using it personally and want to have it pay for itself or you just want cash flow will help determine where you should look and what type/size home you want to consider.Please reach out anytime and let me know if I can be of help.
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15 January 2025 | 8 replies
Did you have to jump through so many hoops and provide this level of personal information?
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16 January 2025 | 23 replies
If you keep it as an investment property, a lot may depend on your location and condition.
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12 January 2025 | 13 replies
We're exploring creative ways to provide him with the cash needed for the down payment while avoiding triggering a taxable event.One strategy we're considering is purchasing his future primary residence ourselves, making the mortgage payments, and then, once we've built enough equity—comparable to the appraised value of his rental properties—transferring the title to him as a form of exchange.What are your thoughts on this approach?
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22 January 2025 | 14 replies
Weather differs depending on where properties are located and even snow accumulation within the same geographic area will vary year to year.
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17 January 2025 | 2 replies
Patricia,I wouldn’t rely solely on the seller’s agent, as they are only sharing information provided by the seller and represent the seller’s interests, not yours.
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19 January 2025 | 6 replies
You reference taking out a HELOC and those are generally provided when the property is in your personal name, which I don't recommend for investment properties.Overall, it sounds as if you're tired of dealing with "long distance" ownership.
14 January 2025 | 7 replies
It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?