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3 February 2025 | 3 replies
There's no reason to provide details, though I do let people know if anyone asks that we do not accept bulk up-front rent payments or anything like that because I absolutely do not want a prospective tenant to think that someone else swooped in with a bunch of cash last minute.
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25 January 2025 | 7 replies
It might make the most sense to just sell your primary residence and use it as 40% to 50% down payment on your future home.
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29 January 2025 | 11 replies
These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.
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14 February 2025 | 12 replies
Any one of us could give you our two cents on the math of it, but only you can decide if it makes sense based on what your specific goals are. personally, i paid points on my house because my goal was lowest possible monthly payment.
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1 February 2025 | 7 replies
I've never heard of a lender that wouldn't count Section 8 payments as income.
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10 February 2025 | 17 replies
Our lease had an early termination clause requiring a one-month payment, but that didn't seem fair to her as she hadn't even moved in.How would you handle a cancellation prior to moving in?
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18 February 2025 | 9 replies
With value-add, I know I'm getting at least some of my capital out when I'm done and I'll end up with a house that should not need any significant cap-ex for quite a while.I'd do turnkey too if the numbers looked good enough but the reality is in the market where I have boots on the ground you're talking about close to 60k between down payment and closing costs for maybe $200/month in cash flow.
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24 January 2025 | 0 replies
Low Down Payment OptionsGerman lenders often offer financing programs requiring only 5-10% down payments, particularly for primary residences.Strong financial regulations in Germany support these low down payment options.3.
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30 January 2025 | 13 replies
Quote from @Theresa Harris: For late payments, how late are they?
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25 February 2025 | 31 replies
I tried to rent one of these buildings for a developer. it was brand new construction, really well done.One after another is was voucher applicants who had criminal records, you had no idea who was actually going to be living there, some were high out of their mind and/or drunk, average credit score was 500, consistent late payments, eviction records, etc.By some miracle I rented one place out to 2 young girls looking to save some money.