Sydney Tiffany
Useful Real Estate Vocabulary for Beginners
24 April 2019 | 2 replies
All ARMs are tied to indexes.adjustment dateThe date the interest rate changes on an adjustable-rate mortgage.amortizationThe loan payment consists of a portion which will be applied to pay the accruing interest on a loan, with the remainder being applied to the principal.
Joshua Meach
Came across a bump after finding this house
11 October 2018 | 7 replies
Property taxes accruing.
Emma Bennett
What’s a reliable (and affordable) source of data??
16 October 2018 | 10 replies
On this front think clickbait - the goal isn't to tell them about you, its about raising their curiosity enough to reach out, allowing you to start a conversation.If you are getting calls, and truly not converting them, then your pitch isn't compelling enough.
Matthew P.
Mobile park management won’t let me rent out mobile home.
4 October 2022 | 11 replies
Perhaps with a newer PM or a PM that wants extra money under the table, while I don’t think it is likely I do encourage you to ask out of curiosity and experience.
Alim Manji
Canada - conventional funding - beyond income ratios
28 July 2019 | 10 replies
Just out of curiosity which areas are you having success BRRRing in?
Matt M.
Keep or evict chronically late tenant ?
16 October 2018 | 19 replies
In the past, I have adjusted the due date, set up 1099 type tenants on a quarterly payment schedule, requested (and received) 2-3 months rent in advance, sold the property via lease/option, etc.I get that the norm is rent due by the 1st, late fee accrues on the 6th, but this tenant's situation apparently doesn't fall into the normal category, so ask the question, then evaluate whether you can live with (and accommodate) the answer.Good luck!
Steve Sprowls
Deferred Cash Flow Payments
26 December 2018 | 5 replies
Likely, they accrue and are released at sale.Your best bet for calculating how much money you will make above the preferred return is based on the projections offered during the due diligence period.
Daniel Wilcox-Strickland
What’s the Best type of loan to get for Purchase and Rehab costs?
16 October 2018 | 4 replies
Also how much should you over estimate on every project for unforseen issues that may accrue?
Brandon Ribeiro
not enough money for closing costs AND down payment...
22 October 2018 | 60 replies
Just make sure you pay it off before interest accrues (again affects dti, but minimally).
Andrew S.
Buying the Home We're Renting from the Owner without Realtor?
14 September 2018 | 9 replies
Out of curiosity, what are the low down-payment loan options available right now?