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22 October 2024 | 12 replies
As for foundation or other concerns about the condition of the property, there's no real way to know for sure since you don't have access to inspect the house before the auction (hence the risk).
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16 October 2024 | 7 replies
I’m just worried it won’t cover my cost to pay my lender back for the flip and I would have to come out of pocket or sell the house for minimal gain.
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16 October 2024 | 3 replies
I can utilize the MLS to access market data and if you need a realtor, I would be happy to assist.
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15 October 2024 | 1 reply
Waterfront properties in neighborhoods like Key Biscayne, Coral Gables, Brickell, and Miami Beach offer stunning views, privacy, and access to the best amenities.
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17 October 2024 | 7 replies
Closing four properties in less than a year exceeded my expectations, especially considering my initial hesitations.I am continuously learning about different markets and strategies, and I’m grateful to have gained enough knowledge that others are now seeking my advice.
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17 October 2024 | 26 replies
The important points often glossed over are (1) is the buyer providing their personal guarantee to the seller for the note (2) is the seller maintaining a wrap position so they can foreclose in the event of default and gain ownership (3) is the buyer putting up additional collateral (4) how large is the down payment (5) what is the LTV (6) is this a personal residence for the seller or investment property (7) will the property cash flow and if so what will the cash flow be (8) is the property in a increasing, declining, or stabilized area (9) is the property being sold at market value, or above market value because of the low interest rate of the existing mortgage and (10) how experienced and what is the track record of the buyer, and is the buyer purchasing a property for investment or to live in or otherwise use.
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17 October 2024 | 20 replies
As a realtor and investor in Cleveland with a mid-term rental (MTR), I’ve gained some key insights from managing my own MTR, and I’d be happy to share my thoughts.
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16 October 2024 | 10 replies
I have an 800+ credit score and access to over $100k in revolving credit and much more than that in personal loan offers, but currently have less than $10k in cash reserves, which I plan to build back up to $20k in two months.My mom, in her mid-50s, wants to invest in real estate as a means to improve her retirement.
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16 October 2024 | 2 replies
I understand how and when to access the cash from a property.
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17 October 2024 | 1 reply
Your insurer gains a better understanding of your entire risk profile, which can result in more tailored coverage.