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27 September 2024 | 8 replies
You can still get a rental property first, but you’d need at least 15% down for a conventional loan on an investment property, or 20% if you're aiming for better terms.As for the LLC, it's possible to buy a property under an LLC, but conventional loans usually don’t allow that—you’d need a commercial loan.
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26 September 2024 | 5 replies
After the September 11 attack on the world trade towers, they passed a lot of laws aimed at being able to track people, requirements on having identification to open a bank account, and reporting on tax transactions of over $10,000.
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25 September 2024 | 4 replies
Additionally, you might want to consider working closely with your local Public Housing Authority (PHA) to screen applicants more thoroughly or negotiate higher payment standards for better tenant placements.PS: Something that may help you: Baltimore recently passed the Tenant Opportunity to Purchase Act (TOPA), which aims to strengthen renters' rights and provide better engagement between landlords and tenants.
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25 September 2024 | 0 replies
The term "Price Improvement" is a strategic choice, aiming to cast a positive light on what might otherwise be perceived as a negative development.
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26 September 2024 | 9 replies
Comparing the pros and cons of purchasing the 2 home types is not my aim here.In Scope: The change in the sales price of new construction homes from when they were first sold after construction to when they were sold subsequently versus the change in sales price for existing homes over the same period.
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25 September 2024 | 14 replies
I may have not started investing but I want to aim big in this career (realistic or not), while also having me-time and getting to use my wealth to do things I want at some point.I'm going to start as early as I can, so I can squeeze the most of out of real estate.
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24 September 2024 | 49 replies
Experience is suppose to be a supplement to your screening process it is not suppose to be the only screening process.
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25 September 2024 | 22 replies
As the old saying goes don't wait to buy real estate, buy real estate and wait.I would suggest aim at least for $3M (or 5?)
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23 September 2024 | 5 replies
If you’re aiming for growth, house hacking by building the 5-bedroom home could generate strong rental income and increase the property’s value long-term.
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22 September 2024 | 3 replies
Basically investing in Upstate South Carolina offers a strategic advantage for those aiming for home affordability and high returns on investment.