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4 September 2024 | 6 replies
We use STR through airbnb and cover most of our mortgage.
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3 September 2024 | 3 replies
Does it cover water stains as well as they say it does--in one coat?
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4 September 2024 | 1 reply
Offering to cover closing costs or agreeing to post-inspection repairs are becoming standard practices.
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3 September 2024 | 5 replies
And given that many syndicators that offer paid mentorship cost in the 10s of thousands, I would just be very clear with each group you talk to on what you are needing versus what they actually offer.From the bits I have seen about a lot of people's mentorships (to be clear I have not gone through any), they cover market selection, basic underwriting, some marketing, basic legal compliance items.
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5 September 2024 | 4 replies
If the work is not 100% complete by the end of the Escrow period, may implement a .50% (on total loan balance) extension fee that will cover an additional construction term of 60 days.
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3 September 2024 | 2 replies
I travel 1-2 weeks out of every month so at this property i want i can have two roommates anyway to help cover the mortgage.
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4 September 2024 | 4 replies
(Note: These are non-negotiable requirements) Other Incentive ProgramsSmall Business Improvement Fund: Best thought of as a storefront/small business rehabilitation program, this small grant program ($150,000 for commercial properties and $250,000 for industrial properties) is targeted for smaller renovation projects and can cover anywhere from 30-90% of the cost of remodeling a storefront facade, roof replacement, major systems replacements (HVAC, plumbing, electrical, etc.) or an individual interior space build-out within a larger building to get it tenant ready.
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3 September 2024 | 4 replies
If you are lucky, it will cover all your costs related to the property (bank rate etc.).In Germany, real estate is a long term investment where usually the biggest gains (depending on region) come from appreciation.
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6 September 2024 | 19 replies
Many of the homes and condo complexes are near wildfire areas in California and the buyer is unable to qualify for conventional financing with Fannie Mae or Freddie Mac loans because many insurance companies won't cover the property.
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6 September 2024 | 79 replies
They will cover all costs, purchase and rehab, here after.