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3 February 2025 | 15 replies
It can still qualify if it's a fixer-upper, as long as the rental income from the property can cover the debt service.
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24 January 2025 | 36 replies
Avantstay's services cost money because they provide value.
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6 February 2025 | 5 replies
Quote from @Natalie Allie: Hey Michael, I am in the Detroit area and work with investors for PM services and renos.
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10 February 2025 | 5 replies
then, there are holding costs while you rehab - servicing the loan, insurance, utilities, the rehab.
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28 January 2025 | 7 replies
Hi KyleThe way most real estate for sale is priced these days there’s little to no cash flow after debt service with 25% down - borrowing a down payment would put the investor in a negative monthly position.
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29 January 2025 | 47 replies
If there is no debt service probably 30% is still going of the rent is still going to operating expenses which means that you only made about 480k or so. 480k rents + 800k property is the same 1.3million roughly.
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6 February 2025 | 1 reply
Only certain ones have a seperate desk (beyond the DMV), called index services.
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25 January 2025 | 26 replies
If you need 6,000 a month that is 72,000 a year.
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30 January 2025 | 10 replies
Otherwise, you may need to replace a water service (13-15k), electrical service (10-15k) and upgrade wiring (This is a tough one, but maybe an additional 8-15k inside).
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10 February 2025 | 6 replies
I am not aware of any issues with using third-party screening services.