
28 November 2024 | 7 replies
It has a great 3.5% mortgage, about $70K of equity, and it should cash flow a modest $200-300 a month at this point.My question is - do I just keep the house in my name and run the rental under my name?

26 November 2024 | 16 replies
They seem to have good number of properties under 100K built in and around 2000's.

3 December 2024 | 19 replies
I believe that within three years, rates will be much lower, and you can refinance.Another consideration is that once you get a property under contract, you should immediately shop around for better rates.

27 November 2024 | 0 replies
This involves finding undervalued properties, securing them under contract, and then selling the contract to another investor.10.

26 November 2024 | 7 replies
😉 Depending on the difficulty and expense, I was hoping to put that property under one of my other llc's.

27 November 2024 | 8 replies
Hiring a property manager under Option B lightens the burden but eliminates cash flow if you leverage the property with a DSCR loan.

25 November 2024 | 4 replies
You could also ask if you could do your inspection prior to going under contract and then make an offer without the inspection contingency.

27 November 2024 | 6 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.

27 November 2024 | 6 replies
You can find it in the fileplace under forms and the file is called cleaning charges.

27 November 2024 | 2 replies
Inspections may cost more upfront, but they can save you from significant headaches and unexpected expenses down the road.Negotiate Hard: Use inspection findings as leverage.If the HVAC is near the end of its life, negotiate a credit for its replacement.If the cast iron plumbing is deteriorating and needs replacement, ask for a credit as well.Sellers often prefer negotiating credits over doing the work themselves.To give you an example: I was once under contract for an old house priced at $170,000.