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Results (1,178)
Nicole Camarao 203K Loans - how much deposit is required?
14 January 2019 | 9 replies
“Streamline Option” – or “Limited Repair Program”Total financed rehabilitation costs cannot exceed $35,000Maximum Sub-Contracts is 3If more than 3 are needed then a General Contractor will be requiredRepairs are limited to cosmetic repair only.
Brandon Dubisky 203k advice for a 1st time investor
25 January 2019 | 20 replies
“Streamline Option” – or “Limited Repair Program” a.Total financed rehabilitation costs cannot exceed $35,000b.Maximum Sub-Contracts is 3If more than 3 are needed then a General Contractor will be requiredc.Repairs are limited to cosmetic repair only.
Christopher Lane Putting multiple offers on multiple properties
25 January 2019 | 3 replies
But most of the negative consequences I outlined above happened, and it took me about four years to rehabilitate my reputation.A similar approach using auto generated offers is being utilized in Phoenix currently, in the SFR market.
Eddie Woodside How would you approach REI if you were in my specific situation?
14 November 2018 | 14 replies
- I do predict these markets to grow rapidly (eventually) but then again I have zero experience in market predictions which is why I do want to participate in rehabilitations.
Thomas Kareeparampil Let’s Make a Deal - Blog Post
8 November 2018 | 2 replies
You will need to have the full construction funds and holding costs available on your own so this one consideration to keep in mind (the hard money lender reimburses you via draw schedule reimbursements).RehabAs the property is going through the purchase closing process, it's imperative to get three general contractors into the unit to provide independent rehabilitation quotes.
Daniel A Lee Kim Sanity check on rehab estimate from Kaneohe HI GC
13 December 2018 | 12 replies
They're a rehabilitation treatment facility, and fund themselves through labor services, and are usually pretty reasonably priced.
Phil Sharp Buy-and-hold strategies in high priced areas
15 March 2019 | 93 replies
When I look up the ordinance, under San Jose’s new 2017 law, it says landlords must demonstrate one or more of the following grounds in order to terminate a month-to-month tenancy: Nonpayment of rent (excluding rent withheld as permitted by law).Material or habitual violation of the terms of the tenancy.Damage to the rental unit.Refusal to agree to a new rental contract.Nuisance behavior.Refusing access to the rental unit.Unapproved subtenants holding over after the end of the term.Substantial rehabilitation of the rental unit, subject to certain conditions, including payment of relocation assistance and refund of security depositRemoval of the tenant under the Ellis Act, subject to compliance with the new relocation assistance requirements (see below).Owner move-in, subject to payment of relocation assistance and refund of security deposit.Governmental order to vacate.Vacating an unpermitted rental unit.So it seems like you can use these 3 as a tool for getting rents to market rate:Substantial rehabilitationEllis ActOwner Move in Are those the tools you're using?
Mark Erickson 203k v Conventional
1 December 2018 | 5 replies
With cash in the bank for rehab or just finance rehabilitation...
Daniel Becht Buy & Hold vs. Flipping
17 March 2019 | 1 reply
I prefer the idea of cash flow over extensive rehabilitation on a property.
Nate Mac Flipping- Repairs in 2018 are cost basis for Sale in 2019?
28 March 2019 | 10 replies
I have tried to read IRS publications that mentions "rehabilitation expenses increase your basis."