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18 January 2025 | 16 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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31 January 2025 | 6 replies
Hey Alex, There are foreign national DSCR loan programs available for your scenario: Below are the list of requirements I have found most lenders have : 1.
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7 February 2025 | 6 replies
However, The requirement for single adu seems seldom enforced on duplex if it stays below 5 units.
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29 January 2025 | 25 replies
Build up job skills, build up savings, and increase your W2 income.
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15 January 2025 | 10 replies
It would be best to befriend a local contractor or even help one out on a job to see any differences from your past eight years doing it in another country.
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30 January 2025 | 8 replies
Do you mean it would need an architect because that's required by the jurisdiction, or because the project itself would need an architect's expertise?
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5 February 2025 | 0 replies
With no renovations required, we leveraged market demand to quickly resell the property the same day for $85,000.
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30 January 2025 | 14 replies
These areas are experiencing significant development and population growth, driven by families and professionals seeking more affordable housing while staying close to the job hubs in Plano, Frisco, and even parts of North Dallas.
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27 January 2025 | 15 replies
As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name.
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9 January 2025 | 0 replies
AB 2622 allows unlicensed professionals to handle jobs under $1,000, such as repairing gates, patching drywall, or fixing leaky faucets—saving you money without sacrificing quality.2.