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21 March 2017 | 3 replies
Talk to lenders and they can provide insight to their potential structures (interest rate fixed vs. floating, seller note, down payment etc.).
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30 August 2023 | 41 replies
We all know the market we’re in right now is crazy but we have some cabins here as low as $300/sq foot and some still floating around as high as $600/sq foot.
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21 July 2023 | 10 replies
I would also read some FB group posts from Build STR Wealth group or STR Nation for example.I know some people do well in Banner Elk, NC.
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28 September 2023 | 22 replies
I'm worried that if I served him, he would stop paying his rent and it would be financially difficult to float him for that long.
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11 October 2023 | 5 replies
I see where the risk for default is high, and in this case, the rest of our portfolio can float the deal if things turn south.
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17 July 2020 | 8 replies
They have a subprime option called Foremost, under the Farmer's banner, for when a rental unit is vacant or the home is not in ideal condition.
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22 November 2019 | 13 replies
I work for a commercial flooring and interior contracting company and we have been having multiple issues with floating LVP flooring. exposure to direct sunlight has caused expansion that has led to buckling and peaking at the joints.
3 October 2023 | 14 replies
There is a lot of bad advice floating around regarding wholesaling.
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13 May 2019 | 14 replies
Whatever floats your YACHTs.Whats the taxes on a 1/2 m dolar home used as a rental?
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10 January 2021 | 6 replies
The property was pretty much a hoarder house so the first step was to clear everything out.The scope of the rehab: All New Interior Paint Some Exterior PaintNew Floors in the Master Bedroom New Stainless Steel Appliances Painted Kitchen Cabinets and Added New Hardware Tore Some Kitchen Cabinets Out and Added Floating Shelves New Light Fixtures All New Sod in the Backyard New Privacy Fence Interior Drain Tile and 3 Support Beams Added to a Basement Wall Epoxy Painted the Basement Concrete FloorNEW HVAC System Framed the Whole Basement Out and Hung Drywall - Mud, Taped, Sanded, And Painted All in all the live in rehab took 6.5 months The numbers:Bought: $125kRehab: $11k (1/3 of that was the new HVAC system) Appraisal: $168k I was happy with the refinance appraisal number I gotI am able to refinance out of the PMI, lower my interest rate, and lower my monthly paymentI forced about 30k in equity I did not do a "cash out refinance" as I wanted to live my equity in the home and pull out a HELOC in a few months to allow for a purchase of another property or a "rehab fund."