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12 June 2024 | 11 replies
They were having trouble with their third party payment service before the current crisis but I wonder if the problems they are having now has something to do with them not handling customer payments properly (not putting in a sort of escrow account).
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11 June 2024 | 6 replies
An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).
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12 June 2024 | 27 replies
The worst case you would have to spend couple hundred or thousand extra over a regular move out rehab to clean up the extra stuff etc.
11 June 2024 | 7 replies
What sort of additional documents can I request?
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11 June 2024 | 11 replies
@Tina Chau Hey Tina, mortgages are recorded and public record most of the time, you can access this info at the county clerk website where you can sort by document type (mortgage) and see the amount taken out.
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11 June 2024 | 5 replies
We do currently have some lenders that do all sorts of low down payment options to get you to as little as 0% down in some cases (with RTR subsidizing part of your down payment).
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10 June 2024 | 9 replies
After analyzing the deal further, estimating holding costs, realtor fees, monthly costs on hard money, estimating the worst case scenario of it taking three months to sell (average time here is 43 days), rehab costs, insurance, etc., I am pretty sure we need to pull out.
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11 June 2024 | 3 replies
It's the old plan for the worst and hope for the best scenario.
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12 June 2024 | 20 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!
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11 June 2024 | 7 replies
Work out some sort of split that is fair for what each will contribute and jump in!