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13 December 2024 | 2 replies
If you cash out at the 80% LTV conventional max (assuming it's a single unit) and your new value is $575k, that makes your new loan amount $460k.
3 December 2024 | 0 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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19 December 2024 | 28 replies
I would definitely say Costco soap and Costco toilet paper, but it probably depends on the type of unit.Is it a luxury unit?
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12 December 2024 | 1 reply
I was informed by KCMO Health Department that landlords are supposed to be paying an annual fee to them and they conduct inspections of rental units in the city?
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17 December 2024 | 12 replies
Given the competitiveness in Scottsdale, exploring duplexes or triplexes might be a more feasible alternative to larger multi-family units.
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14 December 2024 | 11 replies
I bought my first Multi-Unit (Duplex) and I'm gearing up to find my first SFH/Fixer Upper so I'm trying to build my list of resources for available properties in Atlanta and surrounding areas.
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12 December 2024 | 3 replies
or in the 700's because most people think they have perfect credit.You also have to know occupancy type like primary, vacation, investment, how many units, LTV/CLTV, Term, Fixed or Variable, Prepay or No prepay, Loan size etc.
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12 December 2024 | 6 replies
I’m also a long term equity guy, so just having tenant pay my mortgage is enough of a deal in current climate.On the positive rents are very high for this area and even this time of year when normally I’d see no leads for an open unit I’m seeing 1-2 a week for unit we’re remodeling.Good luck in the search and congrats for doing it yourself.
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18 December 2024 | 15 replies
My property tax rate is 2.70% I have a great tenant so I haven't done large increases (like $150 or $200) since I don't want a unit turn but I'm in the market rate range.
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11 December 2024 | 12 replies
You might spend between $5,000 and $20,000 on furnishing the unit, depending on your choices.