
8 October 2024 | 3 replies
The rental income ideally should cover your expenses, such as the mortgage, taxes, and maintenance, while also leaving you with positive cash flow.Refinance: After the property is stabilized and generating income, you refinance it with a traditional mortgage.
10 October 2024 | 0 replies
These sellers are trying to bypass the traditional real estate process, making these properties off-market opportunities.

10 October 2024 | 6 replies
Down payment can be higher than primary, but the good thing is that you won't need that much income to qualify because lenders can you 75% of the market rents for the units of the property.

11 October 2024 | 7 replies
Who is your primary customer, what is your RevPAR, what financing terms are you looking at, who is running the daily operations, are you looking to get under a major flag, i.e.

9 October 2024 | 10 replies
A bunch of recent college grads moving to NYC or San Francisco or Austin don’t constitute a trend, they’re merely continuing a tradition that started years ago.

9 October 2024 | 12 replies
you mention you are overseas quite a bit, but maybe you could still have a primary residence with a primary residence loan.

11 October 2024 | 13 replies
That being said, Zillow is also the primary site in my market for rental searches, especially SFRs, so I have no shortage of tenants seeing my listing when it is available.The one downside, which is minimal, is even though the tenant pays rent through Zillow on first, and I get a notice that rent was paid, it can take 5-ish days to arrive in my bank account.
10 October 2024 | 0 replies
Still others allow for additional foundation options.Generally, though, mobile homes do not sit on a traditional foundation, unlike stick-built homes.

7 October 2024 | 3 replies
Traditional lenders in this industry won't fund you on a purchase of a SFH that has leases for rooms and the building will need to be in your LLC name which means a primary bank won't lend you either cause of that and cause of your employment status.You have a real chance to start.

8 October 2024 | 9 replies
However, since you're planning to buy a single-family home to live in, it would be considered your primary residence.