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1 July 2024 | 2 replies
Here’s how TI allowance is commonly calculated:Determine Total TI Cost:Estimate the total cost of improvements needed for the space.
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30 June 2024 | 2 replies
It seems like 30-day closings are becoming less and less common.
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3 July 2024 | 14 replies
It's definitely an indicator - but unless you are dealing with a white-collar person who just doesn't want to own a home - it's more common than not to see a lower credit scores.I'm not a huge fan of out of state renters.
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1 July 2024 | 12 replies
We were able to estimate out each unit but still had common area, exterior and some site work that was added to totals.
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1 July 2024 | 13 replies
It covers everything from the specific start and end dates, quiet hours, common space sharing, overnight guests, etc.
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30 June 2024 | 5 replies
Sub 2 was not in my vocabulary 3 years ago when I started in Real Estate, now Sub 2 or buying subject to its existing financing is a common term I use daily!
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1 July 2024 | 16 replies
This is also one of the most commonly asked questions.
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2 July 2024 | 10 replies
These are popular programs among investors because they do not report to credit agencies, use DTI to qualify, and do not require tax returns or income verification.You can use a DSCR loan to purchase or cash-out refinance, a strategy commonly referred to as BRRRR (Buy, Rehab, Rent, Refinance, Repeat).
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1 July 2024 | 5 replies
Possible perhaps but I don't think probable.While there have been some exceptions and special programs that perhaps pay a bit more than market rent, I don't think it is that common.
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1 July 2024 | 13 replies
This is very common and not offensive.