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25 January 2025 | 6 replies
Let the agent know that while you’re interested, the property’s condition and local comps don’t justify the asking price.Taking a warm, conversational approach can make negotiations smoother and improve your chances of getting the deal.
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24 January 2025 | 12 replies
In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!
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14 January 2025 | 1 reply
My plan would be to keep the front waiting room as a small commercial space and the back offices as efficiency units or studios.
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27 January 2025 | 56 replies
Better education and training might be one way to improve the situation Damn, sorry to hear that.
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24 January 2025 | 6 replies
Leverage Local ResourcesEconomic Development Grants: Check with your city or county for grants or incentives aimed at affordable housing or community improvement projects.Local Banks or Credit Unions: They may be more flexible than larger financial institutions, especially if your project aligns with community needs.Partnership with Nonprofits: Collaborate with organizations interested in affordable housing or sustainable living.4.
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14 January 2025 | 5 replies
If it’s the latter, then you’re going to need to devote an immense amount of time and energy to becoming a full time agent.
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21 January 2025 | 3 replies
Have you experienced any improvements in Inspira's service and response times?
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28 January 2025 | 12 replies
As others have said, the best thing your son can do is run far from this deal, buckle down, save his pennies (he probably already is doing this), house-hack, and improve a property with sweat, hard work, developing a DIY skillset, and self-managing tenants.
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28 January 2025 | 16 replies
If the fence is shared and in bad shape, framing it as a mutual improvement could help.
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24 January 2025 | 3 replies
Willing to customize to tenant desires FOR A PRICE. obviously, some of the above is accomplished by the particular property you purchased; some by repairs, maintenance and improvements, and some by ongoing service commitment.