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15 October 2024 | 12 replies
This can also make it easier to manage and keep track of each loan.- **Cons**: You'll have to deal with multiple loan applications, closing costs, and monthly payments, which can be more complicated and expensive.### Option 2: Portfolio Loan- **Pros**: A portfolio loan allows you to use multiple properties as collateral for a single loan.
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17 October 2024 | 19 replies
If you see red flags on the credit or other areas, I would not accept.
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16 October 2024 | 2 replies
I’m looking at private lending to flippers with a line of credit or using a line of credit to put a down payment on a new cash flowing property (which is extremely hard for me to find right now) but with a line of credit as a down payment I would be financing a new property at 100% at unfavorable rates.
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18 October 2024 | 23 replies
Typically Section 8 assistance will track along the market rent for low income communities in the area (slightly higher or lower depending on the location).
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14 October 2024 | 6 replies
I'm going to keep track of my real estate activities in management of an STR, and will track the activities using an activity log.
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18 October 2024 | 8 replies
and on the business you own 50% of the K-1 will say that, so you will be hit with or credited with 505 of the business loss or income.
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17 October 2024 | 5 replies
Note that I don't mean spaces that are specifically dedicated to the buying and selling of properties, as those spaces will be saturated with competition.So, to your specific question, I can't review the service as I haven't used it (and something tells me you won't find many people who've used it here), but as a professional Marketing Strategist I can say that their method is off track as to marketing fundamentals.
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17 October 2024 | 4 replies
You can:* accept as is (or ask for credits)* demand the seller fixes it and gets town sign off* demand the seller rips it out (e.g. an illegally finished basement)In theory, these changes should be grandfathered in and aside from legitimate safety concerns (e.g.
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14 October 2024 | 22 replies
I also have a $175,000 line of credit ready if something catastrophic happens.
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16 October 2024 | 3 replies
Dealing with a mortgage broker and have reached out to my credit union, but looking for suggestions of trusty brokers that the community has used in the past.