30 October 2024 | 94 replies
I’ll have enough capital to cover 2 down payments 1: first property Under 5% because I’m house hacking. 2: And 20% for the remaining 8 properties.
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29 October 2024 | 23 replies
And a nice rehabbed cash flowing house with a new roof, hvac, driveway, LVP floors and updated kitchen and bathrooms.
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30 October 2024 | 9 replies
The outskirts of Atlanta covers 20 counties and millions of people.
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2 November 2024 | 22 replies
Cover half the mortgage/utilities/insurance/taxes etc 4.
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26 October 2024 | 3 replies
I just bought a new property and I was wondering if I was going to rent this out, what repairs should I make in terms of the roof and should I add an addition?
29 October 2024 | 8 replies
Other than that, be sure each quote covers what you need for a multi-unit, like liability for tenants and coverage for rental income loss.
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1 November 2024 | 4 replies
If the seller offers less than 2.5%, though, the buyer would need to cover the gap.
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30 October 2024 | 2 replies
To cover the down payment and closing costs, I took a 401k loan, which left me more capital for the renovation work.
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28 October 2024 | 10 replies
My thoughts on this would be - when you're taking out all money that you have invested into a property AND the property has enough equity that any loan fees can also be covered through the refinance AND the property still cash flows, you're getting an investment with no cash of your own.
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28 October 2024 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.