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17 February 2025 | 17 replies
Of course unless your buying defaulted notes at the get go then again as Chris mentioned this type of fee should be handled up front.. and if it new origination your making and then they go bad.. in your foreclosures you can charge the borrower these fee's when they cure or add it to you opening bid and when someone buys it at the court house you get repaid..
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23 January 2025 | 9 replies
Additional Resources to check, 'FYIs', in case you want to learn more about rezoning in the future)-Look up your address on the city's zoning map here to see how properties in your immediate vicinity are zoned.
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28 January 2025 | 27 replies
Section 8 would tend to carry higher repair and as a result, additional vacancy.OP’s definition of cash flow is rent minus piti.
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24 January 2025 | 10 replies
Whether the seller was open to a buyer commission or not, I wouldn't put an additional cost into any personal purchase.
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27 January 2025 | 3 replies
We’re fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.
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13 February 2025 | 10 replies
This practice also frees up more money for lenders to use to fund additional mortgages.In "non-conforming loan" world, anything goes.
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7 February 2025 | 6 replies
What else i should ask inspection to look for in addition to below.
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26 January 2025 | 5 replies
In addition to property sourcing, I require an agent who can negotiate effectively on my behalf, ensuring I secure the best possible deals.If you have experience in identifying distressed properties or working with real estate investors in Florida, I would love to connect.
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27 January 2025 | 15 replies
It was held by the previous owner for a very long time, so I wouldn't be surprised if some basic facts about the house are incorrect.I was making an offer on a house a couple years ago and discovered that the owner was paying taxes on an additional house that was on the neighbors lot and didn't know it!
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30 January 2025 | 11 replies
Additionally, I created MEC (Material Estimator Calculator), a unique residential renovation software that automatically calculates a bill of materials (BOM) based on the property’s condition.Overall, I’m thrilled to escape the Seattle rain and connect with fellow investors here in Arizona.