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10 December 2024 | 2 replies
I've worked in property management and managed my own properties and HOA's definitely keep a close eye on that cap so the community is primarily owner-occupants.
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10 December 2024 | 3 replies
:) -Miguel SuarezIf you're moving for work, it makes the most sense to live as close to your workplace as possible.
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8 December 2024 | 19 replies
It is very important to work with an agent that has closed HUD deals.
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9 December 2024 | 1 reply
Ask the title company or closing attorney.I would think that trying to move the ownership out of the inherited IRA or change the deed might be considered liquidating the IRA and trigger taxes.
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11 December 2024 | 12 replies
Depends on really what you are looking for:-Speed - some HMLS can go "no appraisal" so can close very quickly and beat cash offers if you are in a competitive market to buy-Interest Rates - can range anywhere from around 8% to 13% (same with "points") but not usually as huge of a concern for flippers since the terms are so short-Leverage - depending on your risk appetite / capital - this is also a top concern for some (almost always over and above rates/fees) can see anywhere from around 80% LTC to even mid 90s LTC (including 100% of rehab budget)
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17 December 2024 | 12 replies
It is also will allow for experience in managing tenants, repairs, accounting of the expenses etc...plus you get to keep a close eye on the property.
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10 December 2024 | 6 replies
Photos of how good the place looks, with a lot of close up and far out photos, not just of the documented issues.
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9 December 2024 | 15 replies
We’re sorry to hear that your experience fell short of your expectations, we value this opportunity to reflect and improve.We worked closely with you for over a year to prepare your property for success in the short-term rental market.
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9 December 2024 | 10 replies
Ya man let’s connect, I’m closing on a property in midtown on Monday.
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12 December 2024 | 37 replies
@Mary LopezYou could use a DSCR commercial lender which will allow you to close in an LLC with 30yr fixed options and better rates than normal local commercial lenders.