Would you consider it to be in an A, B, C, or D neighborhood?

Now to provide extra comfort and convenience to our buyers (who are mostly out of state) we agree to help them out by getting them set up with local property management that we work with closely as well as assisting management market the property for rent to place tenants.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I'm planning to turn it into a rental and was wondering if I should consider hiring a property manager for my first rental.

If it were me, I would like consider refinancing only 1 of the 2 properties now and considering the second later in 2025 or even early 2026 when rates potentially soften.

Is there a certain DTI ratio that you will usually consider acceptable for an applicant?

@Stuart Udis Thank you for your insight, considering the quick success of when I listed my home for IMTR I assumed I was just lucky.

There are a few strategies you might consider to accelerate things.One option is a cash-out refinance.

For out-of-state investors, I suggest considering a C-class turnkey single-family home.

Hi Kin,Transferring your share of the property to your brother may have tax implications, including gift tax if the transfer is considered a gift.