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10 January 2025 | 1 reply
Im self employed, roughly make $130k gross anually, 1099 NEC , no debt at all, 740 credit score. Want to get a loan for $250k in AZ
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2 February 2025 | 9 replies
Hey everyone,I’m new to San Antonio and trying to get my footing in the short-term rental market.
31 January 2025 | 4 replies
The right message to the right audience.Then marketing is all about value.Unless we know what exactly it is who you are targeting, it will be hard to help.Short-term rentals?
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29 January 2025 | 3 replies
would get estimates and see how long to recover the money and your long term plan for the property
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29 January 2025 | 2 replies
Keep in mind, you should have already had a conversation with the hard money Lender to know their terms and process, and be ready to perform.
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2 February 2025 | 10 replies
For instance, the term could be 3 years and add a clause that says they have to return the property to the condition it was in when they moved in, not just keep their deposit.
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25 January 2025 | 17 replies
My biggest aim is to ensure that my long-term success aligns with whoever I invest with's long-term success instead of making their money on the upfront sale and leaving me on my own.
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4 February 2025 | 1 reply
Quote from @Steve Schrag: The term "eviction" can mean many things.
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24 January 2025 | 0 replies
A local real estate lawyer or translator can ensure you fully understand the terms and conditions of the purchase.Other Costs to Consider- Closing Costs: In addition to your down payment, expect to pay an additional 8-12% of the property price for:- Notary Fees: Around 1-2% of the purchase price.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.
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29 December 2024 | 10 replies
It simply depends on your time frame, when you want to actually begin renting the property out short term, and what the loan terms are.