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17 October 2024 | 3 replies
**Financing and Mortgage:**If there are existing mortgages on the individual condo units, you'll need to refinance or partially release these mortgages.
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17 October 2024 | 14 replies
Now if the deal didn't close, I would still get my due dilligence fee; however, that's based on a broker agreement and funds being released from escrow.
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17 October 2024 | 19 replies
I have many corporate and high-value tenants that do this.We hold advance rent in escrow, and we treat it as a deposit, then we release installment payments when that months' rent is called due.
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17 October 2024 | 4 replies
Tax Court released Summary Opinion 2017-31 in May 2017, concluding that a county assessor’s allocation to land and improvement values was more reliable than the taxpayer’s proposed values.
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15 October 2024 | 8 replies
Check for pre-foreclosures, and see if someone is ready to release the burden of their mortgage and give you a great deal on a home. 7.
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15 October 2024 | 9 replies
I purchased that duplex for $116,000 and had the gross rents at $2,105.00 after re-leasing 1 of the apartments after the sale (roughly 1.8% of sale price, so just shy of the 2% Rule).
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16 October 2024 | 25 replies
My strategy has always been to buy in the right market cycle, renovate for value-add, rent, and refinance to release equity.
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16 October 2024 | 10 replies
Property Radar just released a new dirt mail system for the program offering postcards at .48 per and it's already linked to all my lead lists and properties I have found.
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15 October 2024 | 5 replies
Check out the News Release here.Not only did RentRedi make the top 200 overall, but they also secured the No. 23 spot in the software industry and are recognized as the No. 18 fastest-growing company in New York.
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15 October 2024 | 12 replies
Hey Corey -Three things I’d like to highlight are:1) Most lenders will have a leverage cap on doing a portfolio loan versus doing a single asset, so definitely ask the lender(s) that you’re speaking to about this. 2) Be mindful that a portfolio loan will save a decent chunk of change (thousands of dollars) on closing costs, so that can make it worth it. 3) Lenders will also have partial release clauses for paying off individual properties in the portfolio.