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25 July 2024 | 0 replies
The house was originally listed for $262,000 and I was able to get the price down to $232,000 based on the condition of the home.
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25 July 2024 | 4 replies
A week before the original tenants official move out date was scheduled they informed me that they were “dropped” by the lender and they are starting to work with a new lender.
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24 July 2024 | 12 replies
They also haven't kept records of the original origination documents as far as I can tell.
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25 July 2024 | 14 replies
This route will be limited to original purchase price as value basis and will be capped at 75-80%.
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27 July 2024 | 15 replies
That means the bank will either say “We agree, it’s worth $20k over original asking price.
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24 July 2024 | 17 replies
Originally posted by @Brennen McConnell:The suppliers say they are familiar with building codes in the US, but I still imagine there would be a lot of work to ensure code compliance, as well as installing the home on a new foundation, connect to utilities, etc.
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25 July 2024 | 4 replies
It was intended as a fix and flip, and our original exit strategy was reached. we bought with hard money then did a refi to convential because repairs became drawn out and rented for some cf to by is time. we ended up selling for 405,000 and our loan balance was 235,000.
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25 July 2024 | 11 replies
I'd probably lean towards just increasing the rent a bit more than you originally planned and only for new tenants, require a deposit.
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24 July 2024 | 26 replies
Originally posted by @Peter Sinclair:You could also check some local cabinet places.