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29 January 2025 | 11 replies
Having a lease in place will help you as well - some lenders won't refi a vacant property.For your refi, you're usually looking at 75-80% max LTV with a debt service loan.
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14 January 2025 | 8 replies
Squatters break into vacant homes, can present fake leases, and are a valid problem, but if you have cameras on the house, you will be able to get them out right away and you will see them going in.
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19 January 2025 | 6 replies
Are the units bought or leased?
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15 January 2025 | 10 replies
Hey @Guan Hong Guo - yes combined income *assuming* all adults are on the lease (as they should be if they're residing in your property).
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16 January 2025 | 31 replies
I'm reaching out to Baselane's leadership to put some sense in them about good banking practices and honoring legally bound leases, that they ended by breaking through this action.
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5 February 2025 | 17 replies
Bridge Loan to DSCR – Consider a short-term bridge loan to fund construction, then refinance with a DSCR loan once the property is completed and leased. 4.
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20 January 2025 | 6 replies
Research market rents, carefully calculate expenses, and ensure you have a solid lease agreement.
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14 January 2025 | 19 replies
Leases are signed electronically (esign.com), and I set them up with RentRedi for deposit, cleaning fee, and rent payments.
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16 January 2025 | 7 replies
The other is unrelated and we suspect is tied to the tenant (who was with us for 3 years) that did not renew their lease and moved (we cannot prove this).Again, many thanks!
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17 January 2025 | 23 replies
Think of yourself of an asset manager, not a maintenance provider or lease-up specialist (but do those well too).3.