
20 April 2024 | 33 replies
It forces users to manually split mortgage payments into various components every month, has a painful process to start new mortgages and close out existing ones, and generally has a miserable process for handling everything around loans and amortization.
18 April 2024 | 12 replies
I don't have time to cold call, find off market listings, growing markets, run numbers, etc.If it isn't on zillow, I do not know about it.Luckily, the financial side of things is not an issue and I am very willing to put capital to work.Here is my ideal scenario (not sure if this even exists but I'll try):- Investor friendly agent that can send deal flow- Likes numbers so I can make better decisions- Can help with upgrades and getting properties ready for renters- If full BRRRR property, manage that rehab project.- Can help finding, or being, the property manager.Time and expertise are my largest constraints.Capital and motivation to put that capital to work and my best assets for this specific scenario.This can be a great relationship leading to dozens of deals if we do it right.However, I do not know where to go.Please help.

18 April 2024 | 5 replies
If you are looking to tap into equity of an existing rental property, your best bet is either cash out refi using DSCR loan or 2nd equity loan.

21 April 2024 | 240 replies
I havent had any other experience in the US and with turnkey companies before, I had no bias versus turnkey companies either unlike a lot seem to have in the US so I came in with a clean slate but a very, very carefull and critical mind (someone said "very on the ball", Engelo would say "Pain in the XXXX"), but if the perfect turnkey company existed I believe they would be very close to what OCF is doing (remember that I'm French and in our culture, nobody's perfect !!).

18 April 2024 | 15 replies
Also, when done properly, the buyer takes out an insurance policy that states if the due on sale clause is called, then the insurance company will pay the mortgage company and originate and hold a loan on the existing terms.

18 April 2024 | 4 replies
This is since 1) there's no penalty for age so it doesn't matter when you use it 2) the longer the retirement asset exists the more chance it has to grow tax deferred or tax free 3)if you are retirement age then using your personal assets first will likely place you in the lowest possible tax bracket when you start drawing those funds.

18 April 2024 | 5 replies
This document which is issued in Philadelphia will outline the recognized use by the city and any open violations that may exist.

18 April 2024 | 3 replies
If you don't already have a buyer list built out, it may be easier to sell your leads to existing wholesalers, depending on your lead acquisition cost.

18 April 2024 | 19 replies
A grey-toned white trim should pop with existing color door.

18 April 2024 | 16 replies
Gross negligence means:An act taken without exercising even the most basic amount of care owed to others.A deliberate disregard for the safety or well-being of another person.A lack of care that demonstrates reckless disregard for the safety or lives of others.A conscious and voluntary disregard of the need to use reasonable care, likely to cause foreseeable grave injury or harm.In other words, if there are potential hazards that exist at your property that you are ignoring, you could be considered grossly negligent.