David O Smith
50% down at 5% interest with a balloon in 3 to 5 years
8 July 2024 | 6 replies
Having the option to wait longer to refinance will give you time to do any updates and repairs and raise rents.
Brian Madore
Asset Based Mortgages?
8 July 2024 | 4 replies
You can pull out 80% LTV what you purchased it for plus any repairs or renovations.Also with asset lending you need to have a large amount of cash/liquid reserves.
Paul Martynov
My lender said San Antonio Taxes and Insurance are too high
9 July 2024 | 5 replies
Common hidden costs include not accounting for increases in property taxes and insurance over time, underestimating repair and turnover expenses, and the cost of property management.
Tom V.
Zachary Harr
Access to coaching?
10 July 2024 | 12 replies
I think self management would be very doable for you and your spouse provided you either buy decent units or get them renovated quickly minimizing the need for time consuming repairs.
Shivani Suresh
First Time Buyer NJ OR NYC
8 July 2024 | 7 replies
Possibly find something that needs some repair work at a discounted price.
Sarah Smith
Need Some Creative Ideas for Tear Down
8 July 2024 | 16 replies
Is there anybody in your family you would call a hammer swinging type who could do some repairs on it.
Marcus Tim
First Property Investment
8 July 2024 | 7 replies
All major repairs, such as the HVAC and roof were handled before the seller put the property on the market.
Carlo D.
Insights on my plan to become an out of state real estate investor and private lender
8 July 2024 | 7 replies
It also increases the chances of something going wrong like the economy going sideways, emergency repairs (need cash asap), or the FED increasing rates.
Zak House
Home Warranty in STR
7 July 2024 | 12 replies
Its there to protect YOU from having to have the responsibility of budgeting for repairs.