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19 November 2024 | 7 replies
Readers are advised to seek professional advice.
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22 November 2024 | 28 replies
Rather than comparing Lenders/DSCR loans solely based on these factors, I would advise you to focus on below questions and prioritize what you really need in the DSCR loan/Lender?
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16 November 2024 | 6 replies
Would still advise looking over it and tweaking it as you see fit!
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17 November 2024 | 1 reply
It’s advisable to consult with a tax professional or financial advisor to determine the most appropriate approach for your circumstances.
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19 November 2024 | 10 replies
I also hope you got a personal guarantee and have advised your borrower that you intend to enforce it.
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19 November 2024 | 26 replies
So far, we have received this advise from appraisers in the Maple Heights area: 1) Attach all offers so the next appraiser can better understand the market value, 2) Provide a letter from the Maple Heights Building Department discussing the addition of the egress window making the bedroom conforming livable space, 3) provide comps for similar properties sold in the Maple Heights area (these do not have egress windows), and 4) create an itemized list of improvements and cost for renovations to the property.We are grateful to the Bigger Pockets community for their advice as well.
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16 November 2024 | 9 replies
Please advise on how to contact case work and/or remedy this issue.thank youDavid
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16 November 2024 | 2 replies
Our counsel previously advised we are legally entitled to a greater amount including all lost rent until the home was re-signed, cost of lock-out, cost to clean up house, physical damage, ect.For context, this is a solid house in a decent neighborhood and we never had prior issues with the tenant.
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15 November 2024 | 13 replies
The bottom line is that you should chat with an attorney about all of this and see what they advise.
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23 November 2024 | 38 replies
Then, if the amount is less than the asking price, advise you on the chances your offer may be accepted.