
29 November 2024 | 6 replies
Spousal Signature Requirement: Typically, lenders require both spouses to sign the HELOC agreement if the property is jointly owned.

25 November 2024 | 2 replies
You essentially nailed it.

29 November 2024 | 18 replies
These have two very different next steps.If it is a condo, you need to check your condo docs and see where the unit ends and what is common area. if its a leak in a pipe in a wall that is typically common owner and the condo association should take care of it.

25 November 2024 | 19 replies
Once you’re informed, we typically give tenants a 60-day notice for renewal, along with the new rent amount if there’s an increase.

22 November 2024 | 33 replies
I totally get where you’re coming from, but it seems like more hassle with essentially the same outcome.

29 November 2024 | 9 replies
This type of loan typically has lower interest rates since it poses less risk to the lender.Non-Recourse Loans: Conversely, non-recourse loans limit the lender's ability to collect from the borrower beyond the collateral pledged for the loan.

26 November 2024 | 12 replies
Typically you can go up to 75% combined Loan To value.

26 November 2024 | 6 replies
I populate all my own mailing lists, which typically involve only motivated sellers (high equity, divorce, probate, foreclosure, tax foreclosure, etc.).

27 November 2024 | 1 reply
Profits do not justify their effort even with the ADU addition in this case typically not being hands off .Here is a list of things that make ADU additions a less than optimal RE investment but the value added and starting with tens of thousands negative is a big one that needs to be well understood. 1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

21 November 2024 | 4 replies
Due Diligence and Feasibility Studies - What studies or tests are essential before purchasing raw land?