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8 February 2025 | 13 replies
I considered starting out house hacking a MF, but it will only increase my monthly expenses, not lower them or provide cash flow.
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14 February 2025 | 19 replies
Quote from @Jonah Hartsburg: @James Martin - Have you considered working with a dedicated virtual assistant who can learn your processes and provide general admin support?
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11 February 2025 | 11 replies
It is unfortunate that your lender is not willing to cash out or provide heloc, I'm curious what you mean the price is too low?
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11 February 2025 | 10 replies
I provide my application and screening criteria on my website so applicants can look for themselves before spending any money.
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12 February 2025 | 29 replies
We’re still waiting for next steps on that one re: borrower repayment or foreclosure. what type of returns do they provide to investors?
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17 February 2025 | 5 replies
Some were unwilling to provide proof of funds.
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20 February 2025 | 4 replies
Make sure to provide clear disclosures to the seller about the risks involved, especially regarding the existing mortgage staying in their name.Insurance Considerations – You’ll need to work with an insurance agent who understands sub-to deals, as the lender might require a policy that keeps the seller as the named insured.Due-On-Sale Clause – While banks rarely call loans due, it’s still a possibility.
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8 February 2025 | 9 replies
From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action.
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12 February 2025 | 2 replies
I have lived in Hawaii for many years but now that I’m a traveling healthcare provider, I am off island more often than not.When I’m not on contract I would love to have a place to return to and when I’m away I would love to rent it out for some additional income.
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23 February 2025 | 2 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!