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8 November 2024 | 10 replies
My advice is to get a real estate centric job, save and obtain practical real estate experience.
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8 November 2024 | 3 replies
Right now, if I see a house I like, I'll take down the address and search it on my town's portal to obtain the owner name and address.
7 November 2024 | 8 replies
Additionally, I’m considering converting a garage into a bedroom.If I want to list these properties on Airbnb, I understand I’ll need to obtain the following:•BTR (Business Tax Receipt)•CU (Certificate of Use)For these, I’ll need to undergo a city inspection.
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6 November 2024 | 9 replies
Are there other ways to obtain a mortgage loan without a current income with a good amount of cash on hand?
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8 November 2024 | 3 replies
So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
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6 November 2024 | 1 reply
Let's assume there is no CO obtained immediately after the sale (will do later after repairs are done), and no township or local-level inspections requested.Is the township automatically notified by the county of the sale or is there some mechanism by which they would learn about the sale and update their records, other than by the buyer telling them about it, or applying for a CO?
6 November 2024 | 19 replies
I understand that you can obtain a fee for introducing buyer or investor to an owner of a property.
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4 November 2024 | 8 replies
I have a few properties in Durham which I obtained as a 1031 in 2022 or so, and they are currently not really cash flowing.
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6 November 2024 | 5 replies
It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.
5 November 2024 | 5 replies
I am concerned about the implications of transferring the property into an LLC, especially since I have a favorable mortgage rate that I would prefer not to jeopardize.Would it be advisable to establish an LLC, obtain a PO Box, and open a business account without transferring my current property to the LLC?